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What is a credit boom? A. An explosion in a credit cycle, which can increase or decrease lending in the short-run B. When credit card

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What is a credit boom? A. An explosion in a credit cycle, which can increase or decrease lending in the short-run B. When credit card receivables rise due to low initial interest rates C.The signal of the end of a credit spree, with credit contracting rapidly D. Essentially a lending spree on the part of banks and other financial institutions

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