Great Recession and Great Depressions Causes Flashcards | StudBud

Home Library Explore SAT

Home Library Explore SAT

Great Recession and Great Depressions Causes Flashcards | StudBud

Great Recession and Great Depressions Causes

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Question

In 2004, the SEC lifted regulations on leverage ratios, how was did a problem?

Answer

banks could borrow more money to invest more in housing

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