Which of the Following Was NOT a Factor Leading to the Financial

Multiple Choice

Which of the following was NOT a factor leading to the financial crisis of 2008?

A) Low interest rates encouraged a housing boom.
B) Policymakers underestimated the level of risk inherent in the mortgage market.
C) The public lacked faith in the ability of the U.S.Treasury to pay on government bonds.
D) Investors borrowed heavily to purchase securitized mortgages.