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The Great Recession That Began in 2008 and Resulted in the Foreclosure

Question 23

Multiple Choice

The Great Recession that began in 2008 and resulted in the foreclosure of 7.1 million homes in the U.S. revealed that:


A) people of color were more than three times as likely to have subprime loans as whites, regardless of credit rating
B) whites were more than five times as likely to have subrprime loans as other races, regardless of credit rating
C) subprime loans are the ideal way to prevent another recession
D) all of the above

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