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Prior to the Financial Crisis and Recession Which Began in 2007

Question 65

Multiple Choice

Prior to the financial crisis and recession which began in 2007, credit for mortgages was ________ , creating a ________.


A) virtually unavailable; housing bubble
B) only available to borrowers with high credit scores; shortage of affordable housing
C) easily obtained; housing boom
D) unavailable to low-income borrowers; large demand for rental properties

Correct Answer:

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