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Causes of the Global Financial Crisis of 2008 Included Each

Question 29

Multiple Choice

Causes of the global financial crisis of 2008 included each of the following EXCEPT


A) a lack of financial market liquidity
B) a lack of regulatory oversight of mortgage lending
C) lax credit requirements for U.S. homeowners
D) subprime loans of poor credit quality
E) the divergence in economic performance between developed and emerging market economies

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