Multiple Choice
Which of these was NOT a factor leading to the 2007-2009 financial crisis?
A) low interest rates encouraging a housing boom
B) underestimation of the level of risk inherent in the mortgage market
C) lack of faith in the ability of the U.S. Treasury to pay on government bonds
D) investors buying trillions of dollars of assets that depended on rising housing values
Correct Answer:
Verified
Correct Answer:
Verified
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