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The Boom in 'Sub-Prime' Lending (Which Was the Source of the GFC)was

Question 63

Multiple Choice

The boom in 'sub-prime' lending (which was the source of the GFC) was motivated by the:


A) desire to help low-income minority groups
B) belief that the repayment capacity of borrowers had been misrepresented
C) desire for high risk and return investments
D) belief that housing prices would always rise
E) provision of subsidies by the US government.

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