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During 2006, Originations of New Subprime Mortgages Totaled Approximately __________

Question 85

Multiple Choice

During 2006, originations of new subprime mortgages totaled approximately __________, which was ________ of new mortgages originated that year.


A) $600 billion; one-fifth
B) $400 billion; one-tenth
C) $100 billion; one-half
D) $400 billion; one-third
E) $600 billion; one-half

Correct Answer:

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