Which of the following did NOT contribute to the Great Recession ...

[jasdeep_brar]

Which of the following did NOT contribute to the Great Recession of 2007-2009?
 
  A) The collapse of the U.S. housing market.
  B) The tremendous growth of the sub-prime lending market.
  C) The liquidity crisis that resulted when banks became unwilling to lend into a collapsing market.
  D) All of the above contributed to the Great Recession.

Question 2

Under the discount method for calculating monthly payments on a consumer loan,
 
  A)
 
  the lender deducts the interest to be paid on the loan from the credit extended you at the beginning of the loan.
  B)
 
  you deduct the down payment on the sale from the final monthly payment.
  C)
 
  the lender reduces the monthly payments by the sale price reduction.
  D)
 
  you reduce the amount owed by interest income from an escrow account.

[snackralk]

Answer to Question 1

D

Answer to Question 2

A