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The recent financial crisis was exacerbated by: A) Extremely high interest rates in the US that stifled investments B) Managers who underestimated the real risks

The recent financial crisis was exacerbated by: A) Extremely high interest rates in the US that stifled investments B) Managers who underestimated the real risks of their decisions and borrowed excessively C) A lack of financial leverage that made US firms less competitive in world markets

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