Which of the Following Statements Is False

question 40

Multiple Choice

Which of the following statements is false?

• A)In 2006,some people with subprime and other nontraditional loans were not able to make their monthly payments on their mortgage loans.
• B)The leverage ratio is the ratio of assets to capital.
• C)John Taylor argued that the global savings glut was the reason for the low interest rates in the early-2000s and for the rise in housing prices that followed.
• D)It is possible for a bank to have the value of its liabilities greater than the value of its assets.
• E)none of the above

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Definitions:

CD-Rom Drives

Hardware devices used for reading data stored on CD-ROMs, which were once a common method for distributing software, multimedia applications, and large data files.

Tariffs

Taxes imposed by a government on imported goods and services, often used to protect domestic industries from foreign competition.

United States

A country located in North America, consisting of 50 states and a federal district, known for its significant influence on global economics, politics, and culture.

Quantity Demanded

The total amount of a good or service that consumers are willing to purchase at a given price level.