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As a Result of the Global Financial Crisis in 2008

Question 35

Multiple Choice

As a result of the global financial crisis in 2008, _____


A) U.S. interest rates fell and the cost of servicing U.S. debt decreased.
B) U.S. citizens increased their purchase of foreign securities.
C) U.S. chronic deficits increased and debt service costs overwhelmed the budget.
D) debt issued by the U.S. government was judged to be the safest in the world.
E) there was downgrading of the nation's credit risk by the chief credit-rating agency in 2011.

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