Answer:
Hedge funds, banks, and insurance companies caused the subprime mortgage crisis. Hedge funds and banks created mortgage-backed securities. ... When the Federal Reserve raised the federal funds rate, it sent adjustable mortgage interest rates skyrocketing. As a result, home prices plummeted, and borrowers defaulted.
The answer to the question is C
Francisco Pizarro was an explorer who was born in the year 1476 in Spain and he joined Nunez de Balboa in his march to the "South Sea". During this march Pizarro discovered Pacific ocean by being a part of Balboa's team in the year 1532. Pizzaro did not stop at this discovery. He along with his brothers conquered the country of Peru. Three years after conquering Peru, Pizarro founded Lima the nation's new capital. Pizarro got murdered on 26th of June in the year 1541 in Lima of Peru by the members of enemy faction. Pizarro did leave a mark as an explorer in the history of Spain.
