(Answered)-Which of the following changes in financial markets contributed - (2025 Updated Original AI-Free Solution

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Academic Level: Undergrad. (yrs 3-4)

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Question

Which of the following changes in financial markets contributed to the financial crisis in 2008?

increased use of collateralized debt obligations. the advent of credit default swaps. accounting rule changes an increase in risky subprime loans. all of the above.