Multiple Choice
In the financial crisis that started in 2006, a significant indicator of the U.S. economic decline was:
A) a significant drop in interest rates.
B) a sharp increase in unregulated Ponzi-type security sales.
C) rising defaults by subprime mortgage borrowers.
D) a large increase in loan default due to unemployment.
Correct Answer:
Verified
Correct Answer:
Verified
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