1. All of these are recognized as important influences in the development of the banking crisis of 2008 and the resulting credit crisis EXCEPT
a. Consumers, especially homeowners, took on too much debt.
b. Too many subprime loans were repackaged and sold as securities.
c. The U.S. government promised to buy unlimited amounts of debt from homeowners.
d. Real estate prices collapsed.
2. The formula for a regression line is Y = a + bx. If your solution is Y = 15 - 4x, then the regression line will move
down and to the left.
down and to the right.
up and to the left.
up and to the right.
Cannot tell with the information provided.