Which of the following was not a cause of the Great Recession?
a. Deregulating nationally chartered banks but not state-chartered banks.
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.
.A
You might also like to view...
Most businesses probably claim they use cost-plus-markup pricing because
A) they are price takers. B) they are maximizing net revenue. C) they have no better way to explain their price-setting behavior. D) they are responsible for long-run inflation.
Which of the following people would be classified as unemployed?
a. A person who wants a job as a fashion model but cannot find work in that field b. Someone who quits a part-time job to attend school full time c. Someone who does not have a job and gives up looking for one d. A person who works at a job that underutilizes his or her skills e. A person who works part-time and would rather work full time