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    Macroeconomics Study Set 38
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    Exam 10: The Great Recession: a First Look
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    The Majority of Mortgage-Backed Securities Were Held By
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The Majority of Mortgage-Backed Securities Were Held By

Question 33

Question 33

Multiple Choice

The majority of mortgage-backed securities were held by:


A) large commercial and investment banks.
B) the Fed.
C) the federal government.
D) large teacher pension funds.
E) money market mutual funds.

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