What Is the Name Commonly Used to Refer to the Recent

question 38

Multiple Choice

What is the name commonly used to refer to the recent national crisis in which with many mortgages were issued to borrowers with poor credit histories,resulting in numerous loan defaults?

• A)mortgage meltdown
• B)subprime crisis
• C)credit default swap
• D)credit score crisis
• E)mortgage balloon crisis

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Definitions:

Property

Refers to anything that is owned or possessed, which can include physical items, intellectual properties, and rights over tangible or intangible assets.

Social Exchange Theory

Theory that claims people make relationship decisions by assessing and comparing the costs and rewards.

Dissatisfied

The feeling of unhappiness or displeasure due to unmet expectations or needs.

Depressed

A state of low mood and aversion to activity, affecting a person's thoughts, behavior, feelings, and sense of well-being.