1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
babunello [35]
3 years ago
9

The 2008 credit crunch occurred when banks reduced lending in response toa the loss of asset value for mortgage-backed securitie

s and mortgage loans.b having too little capital to satisfy capital requirements.c an excess of bank capital.d an increase in the required reserve ratio.
Business
1 answer:
rjkz [21]3 years ago
6 0

Answer:

The correct answer is option a.

Explanation:

In 2007-2009 financial crisis occurred globally which originated in the US. It was triggered in the US because of the collapse of the housing bubble which caused the price of houses to decline.  

The housing bubble was backed by mortgages securities. The percentage of lower quality or subprime mortgages increase around 2004-06.  

This reduction in the asset value for mortgage securities caused the banks to reduce their lending as the debts on consumers and businesses were increasing.  

This caused the credit crunch in the year 2008.  

You might be interested in
Organizational objectives should do all of the followinjg except
gogolik [260]
I would say be unclean, they cant be unclean
8 0
3 years ago
Alan tells Sherry that he will pay her $5,000 if she runs the Boston Marathon. Once Sherry starts running the marathon, Alan, le
iragen [17]

Answer:

can revoke the contract as informal verbal agreements are not binding

Explanation:

Since in the question it is mentioned that sherry would pay her $5,000 in the case when she runs marathon now once she starts running so here alan can revoke the contract legally as there is only verbal agreements not the written agreement also they are not binding to each other

So as per the given situation, the above statement should be considered

8 0
3 years ago
Suppose that smoking creates a negative externality. If the government does not interfere in the cigarette market, then a. the e
Alexxx [7]

Answer:

b. the equilibrium quantity of cigarettes smoked will be greater than the socially optimal quantity of cigarettes smoked.

Explanation:

A negative externality occurs when the costs of economic activities to third parties not involved in economic activities are greater than the benefits.

Negative externality are usually overproduced in the economy. so, the equilibrium quantity of cigarettes smoked will be greater than the socially optimal quantity of cigarettes smoked.

5 0
3 years ago
An employee comes to work on time every day only because he knows that his pay will be docked if he is caught coming in late. Ho
Maru [420]

Answer:

The answer is: Postconventional moral development

Explanation:

At this stage of moral development, an individual´s morality is defined by more abstract principles and values. He or she may believe that some laws and rules are unfair and should be changed or eliminated. Individual realize that they are separate entities from societies and they may choose to not follow the rules of the organization.

7 0
3 years ago
In the triple bottom line​ era, businesses emphasize the need to maximize which three components as​ "bottom lines"
evablogger [386]
<span>The triple bottom line(tbl) was introduced back in the 20th century, and the TBL era refers to the early 21st century. The TBL is used to measure a company's degree of social responsibility, economic value, and environmental impact, which are the three things considered most important to a company.</span>
6 0
3 years ago
Other questions:
  • Newspaper 14 think and review
    11·1 answer
  • Florida Berry Basket harvests early-season strawberries for shipment throughout the eastern United States in March. The strawber
    14·1 answer
  • What is local technology?
    15·1 answer
  • In the 2-factor, 2-good Heckscher-Ohlin model, the country with a relative abundance of ________ will have a production possibil
    13·1 answer
  • In the context of investing, the term market refers to Select one:
    12·2 answers
  • In reviewing the Indian software industry and the diamond of national advantage, which of the following is a relatively weak set
    5·1 answer
  • The trial balance for Lindor Corporation, a manufacturing company, for the year ended December 31, 2016, included the following
    11·1 answer
  • Checking a credit report is a good way to
    14·2 answers
  • PLS HELP!!! Credentials are an official verification, from an accredited source, attesting to capability.
    8·1 answer
  • Kirk Minerals processes materials extracted from mines. The most common raw material that it processes results in three joint pr
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!