Which One of the Following Does Not Explain Why Canada

question 46

Multiple Choice

Which one of the following does not explain why Canada survived the financial crisis so much better than did the United States.

• A)Canada's banking regulations limit the amount of leverage and securitization possible.
• B)Canada's Financial Consumer Agency restricted sub-prime lending.
• C)Canadians never got caught up in the ideology that denies any need for regulation of the banking system.
• D)House prices in Canada did not increase.

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