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bazaltina [42]
3 years ago
7

3. What role did CDS play in the financial crisis?

Business
1 answer:
ehidna [41]3 years ago
7 0

Just like an insurance policy, a CDS allows purchasers to buy protection against an unlikely event that may affect the investment. ... During the financial crisis of 2008, the value of CDS was hit hard, and it dropped to $26.3 trillion by 2010 and $25.5 trillion in 2012.

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On the other hand homogeneity is when different samples of something are consistently the same.

Hannah has been used to the homogeneity of the previous chef's cooking. So when a new chef was brought in to cook due to heterogeneity she felt the lasagna she was served was undercooked and starkly different in flavor compared with the ones she had previously eaten at the restaurant.

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