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Question 14 Which of the following crises was caused in large part by a significant reduction in lending standards to people with low credit ratings?

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Question 14 Which of the following crises was caused in large part by a significant reduction in lending standards to people with low credit ratings? The Great Depression The 2007-2009 Financial Crisis All of the above None of the above Question 15 Which of the following problems often become more severe during a financial crisis? Moral hazard Adverse selection All of the above None of the above

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