Answer:
Subprime lending is the practice of lending to borrowers who have poor credit-ratings. In other words, borrowers who are very likely to default on their debts.
Explanation:
With the expansion of subprime leding due to expansionary fiscal and monetary policies, banks got many risky assets that created a bubble. The bubble burst out and generated the Great Recession of 2007-2008.
Because so many clients could not pay their debts, banks saw their assets diminish while their liabilities rose quickly. This not only led to a credit crunch due to the poor financial health of the banks, but also the loss of viability for many banks. This is why the government had to step in, and in conjunction with the Federal Reserve, provide billions of dollars in relief for financial institutions.
Moist and rich with little organic matter is what that describes
Answer:
Explanation:
The British North America Act received Royal Assent on 29th March 1867 and went into effect 1st July 1867. The Act united the three separate territories of Canada, Nova Scotia and New Brunswick into a single dominion called Canad
<span>The total amount of water taken from a lake, river, or aquifer for any purpose is known as withdrawal. Much of this water is employed in nondestructive ways and is returned to circulation in a form that can be used again.</span>
Answer:
B. There is a significant chance of catching malaria in sub-Saharan Africa.
Explanation:
sub-Saharan Africa is a little bit above the equator which is mainly red. Therefore, you are very prone to catching malaria there.
