Which of the Following Contributed to the Strong Auto Sales

question 39

Multiple Choice

Which of the following contributed to the strong auto sales and soaring housing prices during 2002-2004?

• A)the Fed's high-interest rate policy during the period
• B)the tightening of loan standards by commercial lenders
• C)the increasing popularity of fixed-rate, long-term loans to lock in low interest rates
• D)the Fed's low-interest rate policy during the period

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Definitions:

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Shipping Power

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