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Fannie Mae and Freddie Mac

Question 12

Multiple Choice

Fannie Mae and Freddie Mac


A) were a fictitious American couple used by the media as an example of overspending.
B) were U.S. government corporations that made more money available to lenders and borrowers preceding the crisis by selling loans to investors.
C) were agencies that warned the public about the dangers of subprime loans before the crisis.
D) were corporations that requested loans from the European Union to stabilize Ireland's failing economy.

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