Which of the Following Is False with Regards to the Financial

Multiple Choice

Which of the following is false with regards to the financial crisis of 2007-2008?

A) The financial crisis began in the subprime mortgage market.
B) The financial crisis spread to the broader economy.
C) To mitigate the crisis, the government put a one year moratorium on all foreclosures.
D) Many of the subprime loans reset to much higher interest rates after the first few years.