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Which of the Following Contributed to the Soaring Housing Prices

Question 114

Multiple Choice

Which of the following contributed to the soaring housing prices during 2002-2004?


A) the Fed's high-interest rate policy
B) the tightening of loan standards by commercial lenders
C) the increasing popularity of fixed-rate, long-term loans to lock in low interest rates
D) the Fed's low-interest rate policy

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