Which of the Following Was NOT a Cause of the 2007-2008

question 287

Multiple Choice

Which of the following was NOT a cause of the 2007-2008 financial crisis?

• A) Low interest rates encouraged a housing bubble.
• B) Banks and other lenders lowered their quality standard for mortgage loans.
• C) Congress enacted restrictive trade policies that failed to curb imports.
• D) Investors and financial institutions bought assets that required an unsustainable rise in housing prices.

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Definitions:

Spousal Relationship

The interpersonal bond and dynamic between married partners, encompassing emotional, physical, and social connections.

Planning Ahead

The process of thinking about and organizing the activities required to achieve a desired goal in the future.

Adult Children

Individuals who are legally adults but are considered children in relation to their parents or guardians.

Divorce

A formal end to a marriage, decreed by a court or a qualified entity.