Question 2 of 10
Which of the following was partly responsible for falling stock prices, reduced
consumer confidence, and the passage of the American Recovery and
Reinvestment Act?
OA. The Affordable Care Act
B. Risky business practices by large multinational corporations such
as AIG
C. The transition from a Republican to a Democratic president
D. The U.S.-led Global War on Terror

Question

23-06-2022
History

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Question 2 of 10
Which of the following was partly responsible for falling stock prices, reduced
consumer confidence, and the passage of the American Recovery and
Reinvestment Act?
OA. The Affordable Care Act
B. Risky business practices by large multinational corporations such
as AIG
C. The transition from a Republican to a Democratic president
D. The U.S.-led Global War on Terror

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nikitavidya0 nikitavidya0 · Answer 1 · 2022-07-01T15:28:25+02:00

The statement which partly responsible for falling stock prices, reduced consumer confidence is Risky business practices by large multinational corporations such as AIG. Thus option (B) is correct.

What was the impact of Reinvestment act?

There was the positive impact of the community reinvestment act such as there were higher home ownership rates, lower vacancy rates, and higher growth in owner-occupied housing.

Risky business practices by huge, multinational businesses like AIG are said to be partially to blame for declining stock prices and decreased consumer confidence. The correct option is (B), thus.

Learn more about reinvestment act here:

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