One Reason the Housing Bubble Occurred Is Because

question 30

Multiple Choice

One reason the housing bubble occurred is because:

• A)the securitization of mortgages meant more mortgages were low-risk,attracting investors.
• B)the herd instinct caused everyone to stop buying homes.
• C)the recency effect affected people's perceptions of home values.
• D)All of these statements are true.

---

Definitions:

Negative Impact

Adverse effects or consequences that result from a particular action or set of conditions.

Alertness

The state of being awake, aware, and attentive, often in response to stimuli or as part of normal consciousness.

Sleep Terrors

Episodes of screaming, intense fear, and flailing while still asleep, often paired with difficulty fully waking up, occurring predominantly in children.

Parasomnias

A group of sleep disturbances characterized by unusual actions, feelings, sensations, or dreams that appear during the process of falling asleep, throughout the sleep period, in transitions between stages of sleep, or upon waking.