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    Exam 17: Crises and Consequences
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    Subprime Mortgages
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Subprime Mortgages

Question 111

Question 111

Multiple Choice

Subprime mortgages:


A) carry an interest rate below the prime rate.
B) are in default.
C) are made to buyers who do not qualify for a standard mortgage.
D) can be made only by the government.

Correct Answer:

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