Which of the following did not contribute to the 2008 financial meltdown?
A. an increase in traditional 30 year mortgages.
B. the packaging/bundling of traditional mortgages to be sold as investments.
C. the issuance of high-risk/subprime mortgage loans.
D. the speculative bubble related to housing demand drove up prices which proved to be unsustainable.
Answer: A
You might also like to view...
Listed below are steps of purchasing and receiving materials: 1 . The receiving clerk prepares a receiving report. 2 . Purchase requisitions are prepared to notify the purchasing agent that additional materials are needed. 3 . The purchase of merchandise is recorded by the accounting department. 4 . The purchasing agent completes a purchase order. In which order would these events typically
happen? a. 4, 2, 3, 1 b. 2, 4, 3, 1 c. 2, 4, 1, 3 d. 4, 2, 1, 3
What is a moral right?
What will be an ideal response?
After the 2011 tsunami hit the coast of Japan, Tokyo Electric Power informed its employees as to the dangers and consequences of working on the nuclear power reactors and gave them the option to voluntarily agree to work on the reactors. By allowing employees to voluntarily agree to work on the reactors and not forcing them to do the work, the organization was ensuring the employees’ ___________.
A. right to life and safety B. right of free consent C. right to privacy D. right of free speech E. right to due process
The operations function needs to interface with which organizations?
a. government agencies or regulatory organizations to comply with given rules and regulations b. competitors so as to be able to fix prices to ensure good margins on products and services c. the agencies of the United Nations to ensure compliance with global regulations d. agencies representing consumers to ensure that consumer wants are satisfied