Which of the following is true of the financial crisis of 2008? a. The financial crisis had

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Which of the following is true of the financial crisis of 2008?

a. The financial crisis had multiple causes.

b. Fannie Mae and Freddy Mac’s willingness to buy subprime loans reduced the perceived risk others felt in issuing or buying them.

c. Home loan standards were lowered—contributing to the housing boom.

d. Fed policy helped cause the housing boom, and a change in Fed policy helped trigger the bust.

e. All of these are true.

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Exploring Economics

ISBN: 9781544336329

8th Edition

Authors: Robert L. Sexton

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Question Posted: Jan 20, 2023 01:37 AM

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Which of the following is true of the financial crisis of 2008? a. The financial crisis had

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