In the Financial Crisis That Started in 2006, a Significant

question 54

Multiple Choice

In the financial crisis that started in 2006, a significant indicator of the U.S. economic decline was:

• A)a significant drop in interest rates.
• B)a sharp increase in unregulated Ponzi-type security sales.
• C)rising defaults by subprime mortgage borrowers.
• D)a large increase in loan default due to unemployment.