Which of the Following Resulted in the Financial Crisis in 2007-08

question 20

Multiple Choice

Which of the following resulted in the financial crisis in 2007-08?

• A)Falling international reserves
• B)Short-term investments made by China in the US
• C)Lack of transparency
• D)Bad loans on U.S.mortgages
• E)Fixed rates of interest

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Definitions:

Irrational Beliefs

Untrue or unreasonable thoughts and assumptions that can lead to negative emotional outcomes and behaviors.

Faulty Expectations

Incorrect or unrealistic beliefs about likely outcomes or events in the future.

Faulty "Tapes"

An analogy for negative self-talk or beliefs that are ingrained in one's thought patterns, often contributing to psychological distress.

Faulty Response

An incorrect or inappropriate reaction or answer given in response to a question, situation, or stimulus.