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Question
Which of the following contributed to the mortgage crisis?
a. some countries had new levels of wealth available for investment
b. a shift from using local deposits to finance mortgages to using the bond markets to finance mortgages
c. a federal funds rate of 5%
d. a and b only
e. b and c only
f. a and c only
g. all of the above
Answer
This answer is hidden. It contains 1 characters.
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