Describe the differences and similarities surrounding the circumstances that caused the financial crisis during the 1980s and the crisis of 2007.

Answers

Answer 1

Answer:

The financial crisis that began in the 1980s was the result of lax government regulations and management fraud that led to the closure of more than 1,000 savings and loans. The 2007 crisis was the result of risky mortgage loans and investments connected with those loans. In each case the situation resulted in borrowers’ inability to pay back loans and caused many to lose their homes due to foreclosure.

Explanation: Took the practice test on edge and this was the sample response. ^-^

Answer 2

Increased unemployment, loss of income and increased risk have been among the major social impacts of the crisis.

What do you mean by financial crisis?

A financial crisis is when financial instruments and assets fall sharply in value.

In the 1980s, The financial crisis that occurred was the result of government regulations and administrative fraud that resulted in the closure of savings and more than a thousand loans.

The crisis of 2007 was the result of risky home loans and investments related to those loans.

Thus,these are the differences and similarities of the financial crisis during the 1980s and the crisis of 2007.

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Related Questions

Over the last 100 years, marginal tax rates have been fluctuating constantly. Place the years in order by how high the top marginal rate was at the time. Place the year with the highest rate first.

Answers

1945* 1913" 2012" 1964 I think this is the right answer

how did simon cowell get famous

Answers

Answer:

After some success in the 1980s and 1990s as a record producer, talent scout and consultant in the UK music industry, Cowell came to public prominence in 2001 as a judge on Pop Idol, a show which he and its creator Simon Fuller successfully pitched to ITV Controller of Entertainment Claudia Rosencrantz.

Explanation:

answer =

worked as a record producer, talent scout & consultant within UK music industry

before producing the hit British TV show Pop Idol and it’s U.S counterpart, American Idol -

Cowell’s scathing comments were famous during his nine seasons as a judge on American Idol

He has success the year of 1980s & 1990s - he came to the Public prominence in 2001 asa huge on Pop Idol / A show which he and its creator Simon Fuller successfully pitched to ITV controller of Entertainment Claudia Rosencratz .

What is an advantage of an adjustable-rate mortgage?

Answers

The obvious advantage of an adjustable-rate mortgage is that they carry lower interest rates during the fixed period of the loan. ... By the end of the 5-year fixed period, the borrower will have made a much larger dent in their balance than the borrower who uses a 30-year fixed mortgage.

A variable lower rate structure and early payments during the loan term are two benefits of adjustable-rate mortgages.

What is mortgage?

A mortgage is an arrangement that grants the right to seize property between a borrower and a lender. Interest is added to any borrowed money that is not repaid by the borrower.

There are various types of mortgage are adjustable-rate mortgages, government-insured mortgages, conventional mortgages, fixed-rate mortgages and jumbo mortgages.

As payment for taking on the interest rate risk, an adjustable rate mortgage often has a lower beginning rate than a fixed-rate mortgage.

Hence, the significance of the mortgage is aforementioned.

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3.
Kriti provided the following information.
$
13 400 debit
120 credit
21 600
At 1 January 2014
Trade receivables balances
Inventory
For the year ended
31 December 2014
Cash sales
Credit sales
Bad debts written off
Receipts from credit customers
Discount allowed to credit customers
Contra with supplier's account
Cheque refund to a credit customer
44 400
165 600
2 800
155 010
4 560
1 300
90
At 1 January 2015 Trade receivables balances
7 debit
200 credit
28 800
Inventory
Mark up on goods sold 50%.
REQUIRED
(a) Calculate Kriti's purchases for the year.
***​

Answers

Answer:

2,000,000

Explanation:

Madsen Motors's bonds have 18 years remaining to maturity. Interest is paid annually, they have a $1,000 par value, the coupon interest rate is 7%, and the yield to maturity is 8%. What is the bond's current market price? Round your answer to the nearest cent.

Answers

Answer:

$906.30

Explanation:

Face value (FV) = $1000

Coupon payment (C) = 7% of $1000 = $70

Yield to maturity (r) = 8% = 0.08

t = 18

Number of compounding periods (n) = 1 (annually)

Using the relation:

C[( 1 - (1 + r/n)^-nt) / (r/n)] + FV / (1 + r/n)^nt

70[(1 - (1 + 0.08)^-1*18) / (0.08/1)] + 1000 / (1 + 0.08/1)^1*18

70[1 - (1.08)^-18) / 0.08] + 1000 / 1.08^18

70[(1 - 0.2502490)/0.08] + (1000 / 3.99601949918)

70(9.3718871) + 250.24902

= $906.281117

= $906.30

2. Christmas is six months away. Retailers must decide whether or not to hire extra
employees to work during the holiday season. Sales for the retail industry are expected to mirror last year’s figures (which were quite good), but, due to poor sales at the beginning of the year, the number of salespeople at Kat’s Gift Store must be reduced by 20 percent.
Change: _______________ Internal or External Increase or Decrease
Read each of the following situations to determine what change is affecting the sales

forecast of each business. The changes are:
Competitive
Distribution process
Economic
Market
Marketing strategies
Human resources
Population
Pricing
Product lines
Promotion

Answers

Answer:

Christmas is less then one month away

Explanation:

Logic is the explanation. If you dont believe me, the  look at a calendar.

As sales were weak at the beginning of the year and the number of sellers at Kat's Gift Store is expected to be reduced by 20 percent, this corresponds to an internal change of reducing employees.

The situation affecting sales at Kat's Gift Store may be related to marketing strategies, as the increase in sales has been seasonal, such as during the holiday season, but sales have been weak in normal periods, where demand tends to remain stable.

Therefore, it is necessary that the company's managers monitor and review the company's marketing strategy, in order to identify the factors that have caused the reduction in sales in the company.

Reviewing the company's marketing plan can bring competitive advantages and generate value for the consumer, increasing profitability and market positioning.

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thats nice but did you know geico can save you 20% more on car insurance
just take it ;)
happy early thanksgiving

Answers

Answer:

thanks youuuuuuuuuuuuu

thank you happy early thanks giving

Although she hates the work, Jessica has spent most weekends and the last three summers as a shortorder cook; she has an associate's degree in paralegal studies; she loves to ride and spends every spare minute helping her uncle with his three horses. Now that she's planning to start a business, her best choice would probably be a A. legal research service. B. restaurant. End of exam C. fast-food franchise. D. riding stable.

Answers

Although she hates the work, [ Jessica has spent most weekends and the last three summers as a shortorder cook; she has an associate's degree in paralegal studies; she loves to ride and spends every spare minute helping her uncle with his three horses. Now that she's planning to start a business, her best choice would probably be a Riding stable. ]

In short the answer is D. Riding stable

(03.01 MC)
Interest Rates and Interest Charges
8.99%, 10.99%, or 12.99% introductory APR for one year,
Annual Percentage Rate (APR) based on your creditworthiness
for Purchases
After that, your APR will be 14.99% This APR will vary with the market
based on the Prime Rate.
Jonathan is applying for a new credit card. He has missed several loan payments in the past, and his credit
score has been affected. Which introductory APR might he expect to receive on the card?
O 8.99%
10.99%
12.99%
14.99%
A

Answers

Answer:the answer is A

Explanation:

Answer:

A

Explanation:

answer quickly pls: it is an accounting question:

Answers

Answer:

$3,500

Explanation:

Profit is calculated by subtracting expenses for revenue.

In the case,

Revenues are

fees from client   $20,000

Rent received   $ 8,000

total revenue   $28,000

expenses

insurance       $8,000

advertising       $3,000

loan interest   $ 12,000

motor expense      $1,500

    $24,500

profit = $28,000 -  $24,500

profits =$3,500

How education is medium to enhance the ability of human beings?​

Answers

For the sake of argument let’s consider education to be defined as the act of schooling and subsequent intellectual upbringing (which obviously varies but let’s consider it as true)

The general education of a populace enhances the overall ability of humans by allowing a greater number of humans to be given the (intellectual) tools necessary (in agreence with Rene Descartes theory of obtaining “new knowledge” to improve upon previously held inclinations or even create new ones in order to increase efficiency or another set of reasons one might alter their natural inclinations. With that being said, general education is a tool that, when used properly, can be used to increase the overall ability of humans by means of increased intellectual ability.

Waterloo, Ltd. manufactures a component used in aircraft navigation systems. Demand has been strong and the executive staff at Waterloo is planning for next year. Yesterday, you were called into a budgeting meeting where production plans are being reviewed. You learn that the inventory policy at Waterloo is to hold one and one-half months’ worth of sales (to avoid issues with transportation disruptions). The sales budget for next year is 662,000 units, spread evenly over the year. Because of an unexpected increase in demand, inventory at the end of this year is expected to be only 32,000 units. The capacity of the plant is 702,000 units annually.1. What production level next year will be required to meet the targets? (Do not round intermediate calculations.)

Answers

Answer:

the production level next year is 712,750

Explanation:

The computation of the production level next year will be needed to meet the targets is shown below:

Ending Inventory (662,000 ÷ 12 × 1.5) 82,750

Sales Budget                                    662,000

Total inventory required                744,750

Less Beginning Inventory             -32,000

Production                                     712,750  

Hence, the production level next year is 712,750

Which of the following is true of entrepreneurial organizational structures? Choose all that apply.

A. They are flat.
B. They are common to large corporations.
C. They are common to start-up businesses.
D. A single leader makes most decisions.
E. Communication is indirect.
F. Tasks are usually standardized.

Answers

Answer: A. They are flat.

C. They are common to start-up businesses.

D. A single leader makes most decisions.

Explanation:

Entrepreneurial business structure is a structure whereby, the owner of the bsuniess makes every decisions. It is often a start up company or a small company and there's a direct mean of communication as the owner has few workers.

The structure is typically flat and the roles are not well defined. It also give rooms for promotion of ideas as workers can give opinions on certain issues.

Answer:

A,B,C,F

Explanation:

Check all that apply.

Why are employers wary of hiring inexperienced workers?
- They do not know how to work.
- They have no track record (of character).
- They require training.
- They may not be reliable.

Answers

Answer:

all od the above but it depends on the employer

What are some of the similarities and differences between the CTSOs of HOSA and Educators Rising? Please describe what makes these two organizations differ from each other.

Answers

Answer:

Similarities and differences between  CTSOs of HOSA and Educators Rising are in Educators Rising you work with children and HOSA is for people who are interested in health science. Another difference is and a similarity is that neither are clubs but EdRising is an organization and HOSA is a tool.

Explanation:

I will mark brainliest Which of the following terms directly relate to business? (Select all correct answers.)

1. manufacturer

2. oracular

3. naturalist

4. retailer

Answers

Answer:

1. manufacturer

4. retailer

Explanation:

The manufacturer refers to a company that produces goods and services in a factory or plant for sale. The term manufacturer may also mean the owners of such a factory. A manufacturer converts raw materials to finished products and sells them for a profit. They are involved in a business.

A retailer is a business person who sells goods to consumers. Retailers buy from other businesses such as wholesalers. Large scale retailers such as supermarkets and departmental stores buy from manufacturers.

Answer:

It's manufacturer and retailer

Explanation:

I took a quiz with the same question and I got it correct, so you can rely on my answer.

Which education degree (s) does a Guidance Counselor usually hold?

has a master’s degree, but some could have a doctorate or bachelor’s degree.
has a doctorate degree, but some could have a master’s or bachelor’s degree.
has a bachelor’s degree, but some could have a master’s degree.
has a master’s degree, but some could have a doctorate degree.

Answers

The education degree (s) does a Guidance Counselor usually hold is: has a bachelor's degree, but some could have a master's degree.

Who is a guidance Counsellor?

Guidance counselors can be defined as the person whose responsibility or duty is to help councel or advice people and to as well guide people.

A Guidance counselors must be a bachelor's degree holder  and must also have master's degree.

Therefore the education degree (s) does a Guidance Counselor usually hold is: has a bachelor's degree, but some could have a master's degree.

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can someone help me with this business worksheet

Answers

Answer:

uhm heyyyy I can help

How many references should you have ready to list if an employer asks for them?
a. 1-3
b. 3-5
c. 5-7
d. 7-9

Answers

Answer:

B

Explanation:

Answer:B

Explanation:Just took the quiz

what does Lifelong learning means?

1. means keeping skills and knowledge up to data throughout your life.
2. having a career for a long time.
3. Having a long career.
4. Learning life skills.

Answers

Answer:

hey

Explanation:

1. Means keeping skills and knowledge up to data throughout your life.

What type of spacing should you use for a cover letter?
A. Single spacing
B. Double spacing
C. Triple spacing
D. Half spacing

Answers

Answer:

single spacing

Explanation:

Answer: A

Single Spacing

Explanation:

can anyone please make me the brainest please​

Answers

Answer:

ya sure....army

Explanation:

Purple U...

5. Based on information presented in the video, construct an argument that defends the idea that we should not lower taxes for the wealthiest Americans.

Answers

Answer:

We should not lower taxes for the wealthiest Americans because they own and run a lot of companies and businesses that we use. Lower income Americans want their leaders to understand or know what it’s like to be less wealthy so they’ll be more sympathetic towards lower income people and won’t do everything out of the want for more money. If they have to pay lower taxes, then that takes away from their ability to sympathize with lower income homes, and that would upset a lot of people.

explain the role of ignorance in the rapid spread of corona virus?​

Answers

Answer:

Ignorance

Explanation:

Ignorance has played a role in the rapid spread of coronavirus for many reasons

People are just ignorant and I'm not talking about the president, or Select officials who speak word of the Corona Virus, I'm speaking about millions and millions of Americans around you. People don't like being told what to do and that ladies and gentlemen is a strong example of ignorance.

Studies have shown time and time again that masks are ineffective, here's why first of all most people wear cloth mask which has been proven extremely ineffective compared to medical N-95 mask since people are ignorant and don't do their research they don't know this and continue to wear cloth mask which is contributing to the spread of coronavirus. however, medical mask rated N–95, are also proven ineffective because of the fact that they are only effective for about 15 minutes. a prime example of this is a surgeon, whenever they are in the surgery room they switch mask out about every 15 minutes because it is proven that mask are only effective for 15 minutes so whenever people rewear their mask time and time again it's ineffective. for mask to be effective people would need to switch them out at least every 30 minutes, meaning that people would need to wear about 24 mask If they are out on advrage 7-12 hours a day. This would lead to a major littering problem since people are ignorant and litter all of the time. This is not a fact of just ignorance, it is a fact of if people would even do this.

another way ignorance has contributed to the coronavirus, people still like to gather in big groups despite the fact there is a global pandemic going on. this leads to the spread of the coronavirus because people don't like to social distance which is also contributing to people and the very common trait of ignorance. because because of this the virus spreads more rapidly than any other in the history of the world because of people's ignorance.

tell me personally if it was up to me I'd say it is just a kind of survival of the fittest at the moment if someone is vulnerable they should stay home if people are not vulnerable they should be allowed to go out and do whatever and not have to stay inside for weeks at a time the people who are vulnerable to catching this disease are people who are commonly around people who are vulnerable to dying from this disease should most definitely try and take as many precautions as they can to stop the spread to their families. if they are not vulnerable let them live their life don't make them live in isolation forever.

if I answer your question please give me brainliest :-)

Failing to comprehend as well as implement the disease combined infectious virus' rapid expansion has resulted in the widespread exponentially increased incidence that has led to a planet outbreak.

 

People know that they may not have a protective mask.In the fast spread of coronavirus and hazardous waste via viruses, ignorance has played a significant role.It permits the uneducated to do evil as well as to demonstrate that the disease is bad.

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5020
تيكية
Which material resource is found in
a plastic toy?​

Answers

Answer:

polythene, polypropylene,EVA,etc are found in a plastic toy.

Sorting a list by region before printing might help a company save money with
postal costs
production costs
labeling costs
printing costs

Answers

it helps a company save money with POSTAL COSTS

We have been discussing the structure of and tools used by the Federal Reserve Bank (Fed). If it were up to you, what directions would you give to the Fed regarding policy goals and targets. Would you change the current Fed?; Leave it alone?; Close it?...

Answers

Answer:

The description is summarized in the clarification portion below, and according to the particular context.

Explanation:

Throughout the banking as well as the financial system of the United States of America, the Fed would be a leading organization. The Fed has dual inflation stabilization goals and maximum jobs. For some of these two Federal Reserve goals, there seems to be a clear compromise. The equilibrium between any of these two must be created. The US economy is running well above potential output, but in such a situation, the Fed should keep a watchful eye on a future current price increase, or market stabilization would have to be a goal.Therefore, because the Fed would be a monetary policymaker, it would rely more on inflation stabilization. Jobs factors may also be tackled by monetary policies. In other words, the Fed should give great importance to market stability instead of full jobs. The Fed becomes currently operating independently and therefore its activity is free of political intervention, so it must function like this. This wouldn't be the best measure to shut the Fed. Since the Fed figured prominently in mitigating the detrimental consequences of the 2008-2009 crisis. With the aid of the Fed, long term financial crises or inevitable crises will be stopped comfortably.

PLEASE HELP AND HURRY!!!
Just tell me A B C or D for these 3 questions... Thanks so much

Answers

Answer:

C A D

Explanation:

If a person has a house worth $100,000, a mortgage of $90,000, savings of $5,000, a car valued at $10,000, a $7,000 car loan, and $3,000 in credit card debt. What is this person’s net worth?

Answers

Answer:

$15,000

Explanation:

A person's net worth is the difference between their total assets and total liabilities.

In this case,

Assets are

House $100,000

Savings $5,000

Car $10,000

Total assets= $115,000

Liabilities

mortgage of $90,000,

car loan $7,000

credit card debt $3,000

Total liabilities= $100,000

Net worth = Total assets - Total liabilities

=$115,000 -  $100,000

=$15,000

Why is social service a more respectable job?​

Answers

Answer:

they provide public services

Explanation:

Other Questions
Explain the process of radioactive decay. What happens during radioactive decay, and what is the result at the end of radioactive decay? Joseph is writing a literary analysis.Topic Sentence: In his short story "To Build a Fire,"Jack London provides details that help readersunderstand the lives of prospectors during theYukon Gold Rush.Supporting Detail: London includes real-lifedescriptions of a prospector's clothing andequipment.Which best explains the point Joseph wants tomake with his supporting detail?O At one point in the story, the main character'sGerman socks and leather moccasins aredescribedAt one point in the story, the main charactermoves quickly to improve his decreasedcirculationO Many real-life prospectors lived in prospectorcamps, where they slept and ate together.O Many real-life prospectors came to the Yukon, butonly a small percentage found gold, How do you solve for this ? Who wants to be my gamergirl 1/5 of the beads in a jar are purple. Karen plans to use the purple beads to make 6 necklaces. If she used the same number of purple beads to make each necklace, what fraction of them would be on each necklace? A main way the government promoted assimilation was by building American Indian A churchesB schoolsC HospitalsD FarmsHELP BEING TIMED!!! if there are 3 friends with 80 brothers each, and the brothers each have 25 sisters, and those sisters had 83 dogs. How many people are ded? Why is Barnardo referencing the stars in the following line? When yond same star thats westward from the pole / Had made his course t illume that part of heaven.a. To explain how the stars control fateb. To reference the timec. To give directionsd. To admire the beauty of the sky let f(x)=4^x. The new function g(x)=f(x-1)+3 represents transformations that were made to function f. Type the new equation for g. g(x)=___Describe the two types of transformations that occur between function f and function g. (use words like up, down, left, right, compression or stretch in your answer.) Plz help dont understand this question and I got it wrong an i have to redo it please help 25 pointsss Determine the frequency of light with a wavelength of 4.50 x 10-7 m. What are the powers theConstitution gives to the fed-eral and state governments? What is the quotient for 11/8 3/4And solve Choose all the answers that apply.What are some of the harmful effects of producing and using fossil fuels?habitat destructionincreased volcanic activityair pollutionwater pollutionadd to greenhouse effect What is a VERY good conclusion about the guns of World War 1 Katarina wrote the standard form of a linear equation as 4x - 2/3y = 8. Sofiya told her that the equation was not yetin standard form and gave her the right advice for how to fix it. What advice did Sofiya give to Katarina? Mary bought a shirt on sale for $15.00. The sales tax was 10%. If Mary paid with a $20 bill, what was her change?A-$4.90B-$5.00C-$3.50D-$1.50 Which of the following states of financial distress would be considered the most troubling for an investor or creditor? a. restructuring debt b. paying an accounts payable after the billing date c. failing to make a required interest payment on time d. defaulting on a principal payment on debt True or False?We can think of equivalent ratios as representing different numbers of batches of the same recipe.