The Recent Housing Bubble and Resulting Credit Crisis of 2008

question 12

Multiple Choice

The recent housing bubble and resulting credit crisis of 2008 is a perfect example of:

• A)nonsystematic risk
• B)systematic risk
• C)inflation risk
• D)political risk

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Definitions:

Stabilizing Selection

Outcome of natural selection in which extreme phenotypes are eliminated and the average phenotype is conserved.

Intermediate Phenotype

An intermediate phenotype exhibits characteristics that are between two extremes of a trait, often seen in heterozygotes in incomplete dominance genetic patterns.

Reproductive Success

The success an individual has in passing its genes to the next generation, often measured by the number of offspring that survive to reproduce.

Heritable Variation

Differences in genetic information that are passed from parents to offspring through reproduction, contributing to genetic diversity within a population.