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Zolol [24]
3 years ago
15

Which of the following contributed to the financial crisis of 2008?

Business
1 answer:
yarga [219]3 years ago
5 0

All of the above given options contributed to the financial crisis of 2008.

Option D

<h3><u>Explanation:</u>  </h3>

The 2008 financial crisis has been cumulative of many factors which started in early 2000. Over the period of time from 2000-2008, the government sought to reduce federal funds rates increasing liquidity. The interest rates started increasing and the real estate market was at its saturation point, furthermore, there was also a subprime crisis in terms of loans and mortgages which negatively affected the market.

2008 recession was the climax of all the bad financial decisions that prevailed for many years prior. However, the recession was a global problem and many governments sought to reduce rates, purchased distressed assets and also sought to the nationalization of some financial institutions.

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Dominik [7]
I don’t remember that question
5 0
2 years ago
Bambino Sporting Goods makes baseball gloves that are very popular in the spring and early summer season. Units sold are anticip
torisob [31]

Answer:

Bambino Sporting Goods

a.                                March     April        May     June

Ending Inventory     5,000     6,000     2,000       0

b. Monthly financing cost = $540

Total for the four months = $2,160

Explanation:

a) Data and Calculations:

                                   March     April        May     June

Beginning Inventory    0          5,000     6,000    2,000

Production                9,000     9,000     9,000     9,000

Monthly sales           4,000     8,000    13,000     11,000

Ending Inventory     5,000     6,000     2,000       0

Cost of inventory = $12 per unit

Monthly financing cost = $540 ($108,000 * 6% * 1/12)

Total financing cost for the four months = $2,160 ($540 * 4)

7 0
2 years ago
A man needed money to buy lawn equipment. He borrowed ​$700.00 for five months and paid ​$53.95 in interest. What was the rate o
Westkost [7]

<u>Answer:</u> The rate of interest per year is 18.49 %.

<u>Explanation:</u>

To calculate the rate of interest, we use the equation:

\text{Interest paid}=\text{Amount borrowed}\times \text{Rate of interest}\times \text{Time}

where,

Interest paid = $ 53.95

Amount borrowed = $ 700

Rate of interest = ?

Time = 5 months = \frac{5}{12}    (Conversion factor: 1 yr = 12 months)

Putting values in above equation, we get:

\$53.95=\$700\times \text{Rate of interest}\times \frac{5}{12}\\\\\text{Rate of interest}=0.1849\times 100=18.49\%

Hence, the rate of interest per year is 18.49 %.

8 0
3 years ago
If total sales are $2550.00 and 110 guests were served, the average guest check would be?
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A typical guest's check would be for $23.18.

How Do Sales Operate?

Any transaction in which two or more parties exchange money in exchange for the buyer getting tangible or intangible goods, services, or assets is referred to as a sale. On occasion, a seller may receive additional assets. A sale is another term used in the financial markets to describe an agreement between a buyer and a seller over the price of a security.

No of the circumstance, a sale is in essence a contract between the buyer and the seller of the particular good or service in question.

In a sale, two or more parties typically include a buyer and a seller who exchange goods or services for money or other assets.

to know more about sales

brainly.com/question/25743891

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1 year ago
Person status felix is a 42-year-old autoworker who was laid off from his job 6 months ago. he is frustrated with his inability
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The answer would have to be Employed
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