Which of the following was a consequence of the subprime mortgage crisis in 2008?
A) Banks were given large subsidies to protect their economic standing.
B) Federal, state, and local governments cut back radically on spending.
C) Individuals lost their homes and became homeless.
D) All of the above.
E) All of the above except A.

Question

Quizplus · Accepted Answer

The subprime mortgage crisis in 2008 led to a range of consequences, including banks receiving large subsidies to protect their economic standing, governments cutting back on spending, and individuals losing their homes and becoming homeless.

Which of the Following Was a Consequence of the Subprime