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What would represent a social welfare response to the problem of ex-offender underemployment?
Housing Bust
A rapid and significant decline in the housing market, characterized by falling home prices and increased foreclosures.
Regulatory Policies
Laws and rules instituted by governments to control or manage certain activities, industries, or market practices.
Mal-investment
Investment in wrong or unproductive activities usually due to poor information, misaligned incentives, or manipulation of prices.
Adjustable Rate Mortgages
A type of mortgage in which the interest rate applied on the outstanding balance varies throughout the life of the loan.
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