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To the Extent That Mortgage Defaults Contributed to the Financial

Question 11

Multiple Choice

To the extent that mortgage defaults contributed to the financial crisis of 2008-2009, blame for these actions lies with:


A) homebuyers who borrowed more than they could afford to repay.
B) mortgage brokers who encouraged households to borrow excessively.
C) government policymakers who pursued policies to encourage homeownership
D) all of the above

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