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Author Question: What was the effect of the Great Recession on the middle class? a. More middle class Americans ... (Read 324 times)

olgavictoria

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on: Jun 18, 2018
What was the effect of the Great Recession on the middle class?
 
  a. More middle class Americans found themselves poor.
  b. More middle class Americans found themselves richer.
  c. More middle class Americans found themselves with new job opportunities.
  d.
   More middle class Americans were sent overseas.

Question 2

Subprime lending and irresponsible deal making on Wall Street helped lead to the Great Recession. Evaluate the role of the federal government in these precursor events.
 
  a. The regulating agencies turned a blind eye to the bankers' and brokers' practices.
  b. The regulating agencies did not have the correct procedures in place to monitor the lending deals.
  c. The regulating agencies participated in the irresponsible deals, thus benefiting themselves.
  d.
   The regulating agencies were unaware of the deals and lending practices.


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AngeliqueG

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Reply #1 on: Jun 18, 2018
Answer to Question 1

a

Answer to Question 2

a


olgavictoria

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Reply #2 on: Jun 18, 2018
Thank you!


AngeliqueG

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Reply #3 on: Jun 18, 2018
Happy to help


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