In events leading to the housing bubble,the credit-rating agencies rated the assets associated with the housing market:
A) proper mid-level ratings indicating moderate risk,but were ignored.
B) proper AAA ratings indicating low risk,but were ignored.
C) proper AAA ratings indicating low risk,and turned out to be too optimistic.
D) proper mid-level ratings indicating moderate risk,and turned out to be too optimistic.
Correct Answer:
Verified
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A)had been rising
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A)tradable assets made up of
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