Microeconomics vs

Global decline in consumer spending

Increased government regulations on financial institutions

Bursting of the U.S. housing bubble and subsequent near-collapse of financial institutions heavily invested in U.S. subprime mortgages (correct)

Rise in interest rates by central banks

Led to a prolonged bear market

Caused a significant decrease in stock prices

Resulted in increased market volatility

Pushed most major equity markets to record highs in the second half of 2020 and throughout much of 2021 (correct)

Rise in individual stock prices

Growth of the real estate market

Increase in gold prices

The Great Recession of 2008–09 and accompanying market crash (correct)

<p>Bursting of the U.S. housing bubble and subsequent near-collapse of financial institutions heavily invested in U.S. subprime mortgages</p> Signup and view all the answers

<p>Governments and central banks unleashed torrents of liquidity through fiscal and monetary stimulus, pushing most major equity markets to record highs</p> Signup and view all the answers