Prior to the US housing market crash in 2007, which ONE ofthe following errors best explains the market’s reluctance to believe thatthere could be a country-wide drop in US prices?1 pointSample size neglectGambler’s fallacy Non-regressive prediction Conservatism

Multiple Choice QuestionWhat was the end result of the housing bubble of 2007?Multiple choice question.The banks that loaned the money were credited with saving the housing market.Homebuyers defaulted on their loans and walked away from mortgages.Individuals with low credit ratings were not able to get a mortgage.The U.S. government sold the loans to foreign investors.

Question 6Which of the following factors almost always explain most market crashes?1 pointSpeculators Excessive borrowingLack of government regulationsLack of democratic institutionsAll of the above

What was the main catalyst for the 2007 Global Financial Crisis?Group of answer choicesA downturn in the US housing marketThe introduction of new financial regulationsThe cost of extreme weather eventsAutomatic trading destabilising the stockmarketEconomic tensions between the US and China

3 . The economy has been growing poorly in spite of what the numbers the government recently released say, ____?didn't they

he international financial crisis of 2007 was the result ofA) runaway inflation in the U.S.B) defaults on U.S. mortgage-backed securities.C) a deep global recession.D) the collapse of global currency markets.E) failure of the Euro currency.