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.
It is an example of cyclical unemployment.
I hope this helps!
The questions asked by financial managers are:
- What funds do we need to achieve the firm's long-term goals and objectives?
- What sources of long-term funding (capital) are available, and which will best fit our needs?
- What are the organization's long-term goals and objectives?
<h3>Who are
financial managers?</h3>
This refers to managers that are responsible for the financial health of an organization.
Also, these specialized manages create financial reports, direct investment activities, develop financial goals etc.
Read more about financial managers
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Answer:
They are: business, marketing, accounting, project management, and human resources.
Hope it helps...
