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A primary contributor to the financial crisis of 2007-2008 was: a. Rising levels of the Federal budget deficit b. Mortgage backed securities c. An oversupply

A primary contributor to the financial crisis of 2007-2008 was:

a. Rising levels of the Federal budget deficit

b. Mortgage backed securities

c. An oversupply of housing relative to demand

d. Raising taxes on low to middle income individuals

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