Questionable business practices such as those followed by many mortgage lending companies in the past few years:
A)encouraged investors to increase their stock market holdings.
B)fundamentally weakened the entire economic environment.
C) helped retired employees at the expense of current employees.
D)resulted from too much government regulation.

Question

Quizplus · Accepted Answer

Questionable business practices in the mortgage lending industry, such as offering loans to people who could not afford them and bundling subprime mortgages into complex financial products, ultimately led to the global financial crisis in 2008. These practices fundamentally weakened the entire economic environment and led to a recession that affected people all over the world.

Questionable Business Practices Such as Those Followed by Many Mortgage