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Which of the Following Is Not Blamed for Causing the Recession

Question 26

Multiple Choice

Which of the following is not blamed for causing the recession of 2008?


A) the bursting of the real estate bubble.
B) lax government regulation of the financial services industry.
C) decreased consumer credit card use.
D) unscrupulous lending practices and risky mortgages.
E) frozen credit by banks.

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