Which of the following did NOT play a role in creating the housing bub
QUESTION
Which of the following did NOT play a role in creating the housing bubble that preceded the Great Recession?
A) subprime mortgage loans
B) rising home prices
C) mortgage-backed securities
D) foreclosures
E) low interest rates
ANSWER
Answer: D
Explanation: D) Home foreclosures began as the bubble collapsed; they were a result of the housing bubble.
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