Which of the following is not true about subprime mortgage loans?
A) They played a central role in the financial crisis of 2007-2008.
B) They were encouraged by the Federal government for many years before the financial crisis.
C) They had always been discouraged by the government and even banned in some cases.
D) They were considered high-risk loans because the borrowers had poor credit ratings.
Correct Answer:
Verified
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A)
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Q203: Economic studies suggest there is
A) a positive
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