To the Extent That Mortgage Defaults Contributed to the Financial

question 95

Multiple Choice

To the extent that mortgage defaults contributed to the financial crisis of 2008-2009 in the United States,blame for these actions lies with:

• A) homebuyers who borrowed more than they could afford to repay.
• B) mortgage brokers who encouraged households to borrow excessively.
• C) government policymakers who pursued policies to encourage homeownership.
• D) all of the above.

---

Definitions:

Recency-Frequency-Monetary Analysis

A marketing analysis tool used to identify a company's best customers by examining how recently and how often they purchased, as well as how much they spent.

Specialty Pizzas

Pizzas that are made with unique or high-quality ingredients and often feature gourmet or unusual toppings.

Online Reviews

Digital assessments of products or services by consumers, typically published on websites or platforms, influencing the reputation and sales of businesses.

Customer Relationship Management

A strategy and technology used by businesses to manage and analyze customer interactions and data throughout the customer lifecycle, aiming to improve business relationships.