Subprime mortgages were considered toxic assets because mortgages were bought by investment banks and they bundled them and sold them as securities is True.
<h3><u>Explanation:</u></h3>
Toxic assets are those which can be sold a very low price therefore not making any profit for the seller due to significant drop of value or because they aren’t in demand anymore and cannot be sold in the market. Subprime mortgages were one of the risky investments in the midst of the financial recession.
Subprime mortgages from lenders were loaned to borrowers with no assets, poor credit and sometimes not even an income and sold to investors with regular payments as security. This over securitization was one of the major cause that triggered the financial crisis in 2007-2009 and a decrease in housing demand.
Almost half the world over three billion people live on less than $2.50 a day. At least 80% of humanity lives on less than $10 a day. More than 80 percent of the world's population lives in countries where income differentials are widening.
Answer:D) obsession
Explanation:
Obsession occurs when we have this disruptive thoughts that we can't get rid of and they eventually lead to compulsive behaviour when we find ourselves overdoing something beyond how a normal reasonable person will perform the similar act.
Mr Carpenter is obsessing about the fact he never wants to be late to work and for him this goes beyond normal because he constantly think about it and spend hours just making sure the clock is set correctly.
Answer:
c) researching the subject
Explanation:
