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Although __________ did not invent the first microscope, he was able to perfect it.
Mortgage Default Rate
The percentage of borrowers who fail to make scheduled payments on their mortgage loans, leading to the risk of foreclosure.
Investment Banks
Financial institutions that assist individuals, corporations, and governments in raising capital by underwriting or acting as the client's agent in the issuance of securities.
Bundled Securities
Financial instruments that combine multiple individual assets, such as stocks or bonds, into a single package for investment purposes.
Household Debt
The total amount of money owed by all members of a household, including mortgages, credit cards, and other loans.
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