According to the authors, all of these are factors that laid the groundwork for the disaster in the United States in 2008 EXCEPT:
A) borrowing was expensive
B) real estate became the investment of choice
C) mortgage originators peddled "Liar Loans"
D) banks securitized the poison and spread it around

Question

Quizplus · Accepted Answer

The authors do not mention that borrowing was expensive as a factor that led to the 2008 disaster in the United States.

According to the Authors, All of These Are Factors That