Which of the Following Is False

Multiple Choice

Which of the following is false?

A) The great financial meltdown of 2008 started with a crisis in the subprime mortgage market
B) Government has not tried to mitigate the downturn of 2007-2008.
C) In the early 2000s, many subprime loans had been packaged together and sold as mortgage-backed securities.
D) Minsky's financial instability hypothesis attempts to explain the long-term boom-bust cycle of a capitalist economy.