Which of the Following Statements Is False

question 40

Multiple Choice

Which of the following statements is false?

• A)In 2006,some people with subprime and other nontraditional loans were not able to make their monthly payments on their mortgage loans.
• B)The leverage ratio is the ratio of assets to capital.
• C)John Taylor argued that the global savings glut was the reason for the low interest rates in the early-2000s and for the rise in housing prices that followed.
• D)It is possible for a bank to have the value of its liabilities greater than the value of its assets.
• E)none of the above

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Definitions:

Intrinsically Imperfect

Suggests that something has inherent flaws or limitations, emphasizing the idea that imperfection is a fundamental aspect of its nature.

Imperfectible

The belief that it is impossible to achieve perfection or complete improvement in the human condition.

Functional

In sociology, referring to the aspects of societies or institutions that contribute to their stability and continuity by fulfilling necessary roles.

Practical

Pertains to real-world applications or actions rather than theoretical ideas, emphasizing usability and effectiveness in everyday situations.