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Question
Agricultural loans became problem loans in mid-1980s for all of the following reasons except:a. land values dropped dramatically.
b. there was a worldwide recession.
c. the U.S. dollar got stronger.
d. grain embargoes reduced demand for U.S. agricultural crops.
e. banks stressed cash flow too much when originating these loans.
Answer
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Related questions
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d. All of the above are true.
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