Which of the Following Contributed to the Global Economic Crisis

question 54

Multiple Choice

Which of the following contributed to the global economic crisis of 2008?

• A)Low interest rates encouraging less qualified buyers to purchase houses
• B)An excessive outflow of foreign capital
• C)A large amount of subsidies being offered by the government
• D)Low ratings of mortgage-backed subprime securities
• E)A sharp increase in personal savings

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