When considering consumers, which of the following did NOT play a role
QUESTION
When considering consumers, which of the following did NOT play a role in the subprime bubble?
A) the right to own property
B) the right to free choice
C) buyer-seller irrationality
D) high interest rates
E) low interest rates
ANSWER
Answer: D
Explanation: D) Low interest rates were put in place by the Fed to improve economic activity after the collapse of the housing bubble.
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