Which of the following was not a cause of the Great Recession?

a. The relaxation of banking rules and regulations that permitted speculation.
b.Government incentives to increase home ownership.
c. Government encouragement of creative home-buying strategies.
d. Relaxation of bank underwriting standards.
e. All of the above were causes of the Great Recession.


.E

Economics

You might also like to view...

Answer the following statement(s) true (T) or false (F)

1. The technology-based effluent limitations are actually performance-based standards. 2. All point sources are subject to effluent limitations, which are imposed uniformly within each designated group. 3. The National Pollutant Discharge Elimination System (NPDES) is a permitting system solely for publicly owned treatment works (POTWs). 4. An advantage of the effluent limitations is that they are aligned with the national water quality objectives. 5. If the effluent limitations are insufficient for a water body, that water body is considered to be “water quality limited,” requiring more stringent controls called total maximum daily loads (TMDLs).

Economics

Compared to 1960, in 2008 the proportion of retirees living in poverty has fallen from 35 percent to about _________ percent.

A. 5 percent B. 10 percent C. 15 percent D. 20 percent

Economics

Refer to the information provided in Figure 2.4 below to answer the question(s) that follow. Figure 2.4According to Figure 2.4, Point A necessarily represents

A. only hybrid cars being produced. B. an unattainable production point. C. what society wants. D. the economy's optimal production point.

Economics

Consider the demand curves for soft drinks shown in the figure above. A movement from point a to point c represents

A) a decrease in quantity demanded. B) an increase in demand. C) an increase in quantity demanded. D) a decrease in demand.

Economics