During the Great Recession,a Major Financial Crisis Followed the Collapse

Multiple Choice

During the Great Recession,a major financial crisis followed the collapse of housing prices,which led to

A) a decrease in the money supply by the Federal Reserve.
B) the decline in the health of many large financial firms and banks.
C) skyrocketing oil prices.
D) an increase in income tax rates to shrink the federal budget deficit.
E) an increase in expected income.