Who Was Responsible for the Financial Crisis of 2007-2009

question 61

Multiple Choice

Who was responsible for the financial crisis of 2007-2009?

• A) The U.S. Federal Reserve, for its policy of easy money
• B) The U.S. government, for pushing banks to expand credit for low-income housing
• C) Bankers, who aggressively promoted and resold subprime mortgages
• D) The U.S. Federal Reserve, the U.S. government, rating agencies, and bankers

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Definitions:

Sympathetic Nervous System

Part of the autonomic nervous system that prepares the body for physical activity by accelerating heart rate, constricting blood vessels, and raising blood pressure.

Type A Individuals

Persons characterized by a competitive, aggressive, and highly organized approach to life, often associated with a higher risk of heart disease.

Cholesterol

A type of lipid molecule that is essential for building cell membranes and synthesizing certain hormones, but high levels can increase the risk of heart disease.

Liver

A vital organ involved in metabolism, detoxification, protein synthesis, and several other important biological processes.