Which of the following did NOT significantly contribute to the housing crisis of 2008?
a. Home prices increased to levels rarely experienced in the past.
b. Many homeowners borrowed loans against their home equity to cover family expenses.
c. New housing loans made to risky applicants were sold by banks to larger firms, and the firms converted these loans to derivative funds.
d. Home prices abruptly plunged by 30 percent on average after the housing market peak in 2006.
e. In 2006, the Federal Government conducted a series of rigorous hearings to investigate the creation and sale of derivative funds.
e
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Which of the following is true about stratification systems? a. Most societies do not have true stratification systems
b. Most societies share the same amount of complexity in their stratification systems. c. Stratification systems are somewhat unusual in modern societies. d. Stratification systems vary in degree and complexity of stratification.
Which of these theories emphasizes the distinctive features of recent social movements including different ideologies and distrust of formal organizations?
A. new social movements theory B. reform social movements theory C. revolutionary social movements theory D. instrumental movement theory
According to your text, the current U.S. government is an example of
A. the pluralist model since it balances so many competing interests so effectively. B. the power elite since it is controlled exclusively by the wealthy. C. an autonomous state because of the huge government apparatus now in place in the United States. D. a populist mechanism since “little people” are allowed to vote.
Which Asian American group had the largest population in the United States in the first half of the 20th century and why?
a. Filipinos, because their country was a U.S. territory b. Japanese, because of close ties between their country and the U.S. c. Koreans, because of political unrest in their country d. Asian Indians, because of their fluency in the English language