From 2000 to 2005,housing Prices Increased,on Average,by Over 40

question 73

Multiple Choice

From 2000 to 2005,housing prices increased,on average,by over 40%. This run up in prices was caused by

• A) speculators.
• B) an increase in subprime loans, which increased demand for new and existing houses.
• C) both A and B.
• D) None of the above are correct.

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