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Examine the two broader consequences of the MBS crisis beyond the immediate housing market. (You will get 50% of the mark for each correct answer,
Examine the two broader consequences of the MBS crisis beyond the immediate housing market. (You will get 50% of the mark for each correct answer, and -33.33% of the mark for each incorrect answer.) Question 8Answer a. Rapid recovery of the stock market and job sectors. b. Immediate stabilization of the housing market. c. Spillover effects causing financial contagion globally. d. Consolidation and strengthening of the global financial system. e. Widespread job losses and depletion of investment savings
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