Which of the following statements is false?
A) In 2006,some people with subprime and other nontraditional loans were not able to make their monthly payments on their mortgage loans.
B) The leverage ratio is the ratio of assets to capital.
C) John Taylor argued that the global savings glut was the reason for the low interest rates in the early-2000s and for the rise in housing prices that followed.
D) It is possible for a bank to have the value of its liabilities greater than the value of its assets.
E) none of the above
Correct Answer:
Verified
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