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According to the Application, the Reason Why the Problem Caused

Question 55

Multiple Choice

According to the application, the reason why the problem caused by subprime loans came to light was because:


A) the housing boom ended.
B) the economy was in a recession and the Fed lowered the interest rates further.
C) the Federal Reserve put an end to it.
D) investors realized the risks before it was too late.

Correct Answer:

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