The asset price bubble caused consumers to substitute unrealised capital gains for active saving.
Correct Answer:
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Q21: Borrowing to buy housing in the USA
Q22: During the Crisis, it appears that the
Q23: A speculative bubble in an asset market:
A)
Q24: Loans were often made to people who
Q25: On 14 October 2008, the Australian Federal
Q27: An advantage of a CDS is that
Q28: There has been a decline in the
Q29: GFC stands for:
A) Good Financial Cost.
B) Global
Q30: Which of the following reforms was suggested
Q31: Globalisation is criticised because:
A) it destroys industries
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