Which of the following was not a reason for the financial collapse in 2008?
a. inaccurate ratings by S&P and Moody's
b. government promoting aggressive mortgage lending
c. pooling of mortgage backed securities
d. the absence of financial leveraging in the banking industry
d
Economics
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Explain for each event whether it changes short-run aggregate supply, long-run aggregate supply, aggregate demand, or some combination of them
What will be an ideal response?
Economics
When the government increases its borrowing in the loanable funds market, the likely result is ________ loanable funds traded at a ________ interest rate.
A. fewer; higher. B. more; higher. C. more; lower. D. fewer; lower.
Economics