Which of the Following Is a Reason Why the Financial

question 18

Multiple Choice

Which of the following is a reason why the financial crisis occurred?

• A) lax mortgage lending standards
• B) strong government regulation of over-the-counter derivatives markets
• C) accurate rating of structured debt by the credit rating agencies
• D) strong due diligence of financial institutions with respect to their investments
• E) sufficient capital in financial institutions

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Definitions:

Executable Java Program

A Java application that has been compiled into bytecode, capable of running on the Java Virtual Machine (JVM), making it platform-independent.

Char Variable

A variable that stores a single character data type in programming languages.

7th Character

Refers to the character located at position seven in a sequence of characters, considering the first character is at position one.

String Variable

A string variable is a type of variable that holds sequences of characters, such as words or sentences.