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    Exam 1: Introducing Money and the Financial System
  5. Question
    Borrowers Who Stated but Did Not Document Their Incomes Are
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Borrowers Who Stated but Did Not Document Their Incomes Are

Question 45

Question 45

Multiple Choice

Borrowers who stated but did not document their incomes are referred to as


A) subprime.
B) alt-A.
C) adjustable.
D) securitized.

Correct Answer:

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