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Recall Application 4, "Securitization: the Good, the Bad, and the Ugly

Question 70

Multiple Choice

Recall Application 4, "Securitization: the Good, the Bad, and the Ugly," to answer the following questions:
-According to the Application, most of the economy's financial woes can be traced back to a new innovation called:


A) open market operations.
B) Fannie Mae.
C) Freddie Mac.
D) securitization.

Correct Answer:

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