The Great Recession of 2007-09 was triggered by a:
A.
Steep rise in bond values
B.
Steep decline in housing prices
C.
Sharp increase in oil prices
D.
Sharp decline in the value of the U.S. dollar
B.
Steep decline in housing prices
Economics
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As of 2012, mortgage-backed securities made up approximately what portion of securities held by a bank?
A) 5% B) 20% C) 50% D) 70%
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The market basket of goods and services used to calculate the consumer price index [CPI] by the Department of Labor in the U.S. changes only every two years
a. True b. False Indicate whether the statement is true or false
Economics