Which of the Following Is NOT a Contributory Factor in the 2008-09

question 23

Multiple Choice

Which of the following is NOT a contributory factor in the 2008-09 Great Recession?

• A) The use of low introductory mortgage rates in sub-prime lending; when they expired, the mortgagees were unable to pay the increased payments.
• B) Mortgages being sold on by their originating organization and not being kept on its books.
• C) Chinese government bought too many U.S. government bonds.
• D) The increasing complexity and interconnectivity of financial instruments such as credit default swaps.

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Definitions:

Sadness

An emotional state characterized by feelings of unhappiness, sorrow, or melancholy, often resulting from experiences of loss or disappointment.

Facial Expressions

Visibly manifested emotions or intentions through the movements or positions of the muscles in the face.

Universality

The quality of being true or relevant in all circumstances and situations.

Basic Emotions

Emotions that are universally recognized and experienced by humans, such as happiness, sadness, fear, disgust, anger, and surprise.