Lenders Applying Conservative Lending Practices Were Not Sufficient to Prevent

question 40

True/False

Lenders applying conservative lending practices were not sufficient to prevent the emergence of the GFC in the US sub-prime loan market.

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Definitions:

Social Cognitive Theory

A theory positing that learning occurs in a social context with a dynamic and reciprocal interaction of the person, environment, and behavior.

Teratogen

Any agent or factor that can cause malformation of an embryo or fetus, which includes certain chemicals, drugs, and infections.

Artificial Sweetener

Substances used to sweeten foods and beverages that contain little to no calories, used as an alternative to sugar for weight control or diabetes management.

Fetus

a developing mammal or human from the end of the embryonic stage until birth.