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    What Were the Mistakes of the Following Parties Which Finally
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What Were the Mistakes of the Following Parties Which Finally

Question 84

Question 84

Essay

What were the mistakes of the following parties which finally led to the recession of 2008-2009?
a. Homebuyers
b. Government policymakers
c. Investment banks.

Correct Answer:

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a. Homebuyers recklessly borrowed more t...

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