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Which Faulty Assumption by Banks Led to the Great Recession

Question 18

Multiple Choice

Which faulty assumption by banks led to the Great Recession that began in 2007?


A) that inflation would always remain low
B) that the U.S.government would always pay its debts
C) that stock prices would never drop
D) that the dollar would always be strong against other currencies
E) that real estate prices would always rise

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