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Which of the Following Was a Consequence of the Subprime

Question 7

Multiple Choice

Which of the following was a consequence of the subprime mortgage crisis in 2008?


A) Banks were given large subsidies to protect their economic standing.
B) Federal, state, and local governments cut back radically on spending.
C) Individuals lost their homes and became homeless.
D) All of the above.
E) All of the above except A.

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