The subprime mortgage crisis that helped throw the global economy into the Great Recession bewildered a lot

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The subprime mortgage crisis that helped throw the global economy into the Great Recession bewildered a lot of people. In a brief paragraph (no more than 100 words), explain what a subprime mortgage is and why these loans helped trigger the recession.

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Business In Action

ISBN: 9780134129952

8th Edition

Authors: Courtland Bovee

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