78_.Over the two decades leading up the 2008 crisis, _______ interest rates meant that consumers could take on _______ debt without significantly increasing the amount of debt service they had to pay.

Question

Quizplus · Accepted Answer

Falling interest rates reduce the cost of borrowing, which allows consumers to take on more debt without a significant increase in their debt service payments.

78 Over the Two Decades Leading Up the 2008 Crisis

78Over the Two Decades Leading Up the 2008 Crisis