Capital was made available at extremely low, near-zero interest rates; This policy clearly ignored the lessons from the run-up to the 2008 crisis; the crisis was the culmination of a trajectory of growth in which debt-financed private investment and consumption provided the demand-side stimulus for growth; As a result, private sector balance sheets were overburdened with debt that firms and households found difficult to service in the midst of a recession

• A. the policy of Capital being made available at extremely low, near-zero interest rates ignored the lessons from the run-up to the 2008 crisis, which was the culmination of a trajectory of growth in which debt-financed private investment and consumption provided the demand-side stimulus for growth and led to private sector balance sheets being overburdened with debt, that firms and households found difficult to service in the midst of a recession.
• B. After Capital was made available at extremely low, near-zero interest rates, it ignored the lessons from the run-up to the 2008 crisis in which debt-financed private investment and consumption provided the demand-side stimulus for growth and as a result, private sector balance sheets were overburdened with debt that firms and households found difficult to service in the midst of a recession
• C. The 2008 crisis was the culmination of a trajectory of growth in which debt-financed private investment and consumption provides the demand-side stimulus for growth and was led by private sector balance sheets being overburdened with debt that firms and households found difficult to service in the midst of a recession and the policy of Capital being made available at extremely low, near-zero interest rates ignored the lessons from the run-up to the 2008 crisis
• D. Firms and households found difficult to service in the midst of a recession and thus debt-financed private investment and consumption provided the demand-side stimulus for growth and led to private sector balance sheets becoming overburdened with debt which in turn followed the policy of Capital being made available at extremely low, near-zero interest rates and ignored the lessons from the run-up to the 2008 crisis
• E. None of the above