Which of the following led to the U.S. financial crisis of 2007-2009?

A) Financial innovation in mortgage markets
B) Agency problems in mortgage markets
C) An increase in moral hazard at credit rating agencies
D) All of the above
E) only A and B of the above

E

Business

You might also like to view...

For a beneficiary to receive accidental death benefits, the death of the insured generally must occur within how many days following the accident?

A) 30 days B) 90 days C) 60 days D) 45 days"

Business

How are mutual funds and a diversified portfolio similar?

What will be an ideal response?

Business