During a housing bubble, people continue to buy houses because
A) they expect house price to continue to rise.
B) they are able to get loans at high interest rates.
C) the government guarantees house value won't fall.
D) all of the above.
Correct Answer:
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Q45: To help minimize the financial crisis of
Q46: When the Treasury Department recapitalized some banks,
Q47: Bailouts are intended to
A) increase the capital
Q48: An investor borrows 20% of the funds
Q49: Lenders of last resort intend to
A) increase
Q51: IBs perform _ conventional banks during financial
Q52: The housing bubble leading up to the
Q53: Ignoring borrowing costs, an investor who borrows
Q54: Bailouts are intended to
A) increase the liquidity
Q55: The housing bubble leading up to the
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