Which of the following best describes the financial crisis of 2008?
| A. | Liberal availability of mortgages. |
| B. | Poor standard of lending to buy houses. |
| C. | An increase in asymmetric-information, severe adverse selection and moral hazards in financial markets. |
| D. | All of the above. |
Answer : D Explanation : |
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Option: A Explanation : Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. Explanation will come here. |
