All of the Following Contributed to the Banking Crisis of 2008

question 69

Multiple Choice

All of the following contributed to the banking crisis of 2008 EXCEPT:

• A) The Federal Reserve Bank had kept interest rates at unprecedentedly low levels.
• B) Banks and other lending institutions issued "subprime" mortgages.
• C) Wall Street bankers developed complex ways of repackaging and selling "subprime" mortgages to investors.
• D) The Federal Reserve Bank and other regulatory agencies slowed the speculative frenzy.
• E) Public and private policies favored economic speculation and get-rich-quick schemes.

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Definitions:

Korotkoff Sounds

Sounds heard over an artery when blood pressure is determined by the auscultatory method; caused by turbulent flow of blood.

Azygos Vein

A vein running up the side of the thoracic vertebral column, draining blood from the chest wall and upper lumbar region into the superior vena cava.

Superior Vena Cava

A major vein carrying deoxygenated blood from the upper half of the body to the heart's right atrium.

Thorax

The part of the body located between the neck and the abdomen, enclosing the chest and containing the heart and lungs; it is protected by the rib cage.