Question: Question 1 4 1 pts In 2 0 0 7 , a relatively small bubble in the U . S . housing market started to
Question
pts
In a relatively small bubble in the US housing market started to burst. This caused a much larger collection of mortgagebacked securities to decline in value, which led to a cascading series of bank insolvencies that nearly collapsed the global financial system. This is an example of which of the following phenomena?
a Quantitative easing
b Coordinating expectations
c Systemic risk
d The eapital issect pricing model
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