Question: Question 1 4 1 pts In 2 0 0 7 , a relatively small bubble in the U . S . housing market started to

Question 14
1 pts
In 2007, a relatively small bubble in the U.S. housing market started to burst. This caused a much larger collection of mortgage-backed 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
Question 1 4 1 pts In 2 0 0 7 , a relatively

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