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please help me answer these two questions

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Some analysts blame the financial crisis of 2008 on Fed policy. They argue that:
a restrictive policy lowered aggregate demand and GDP.
low interest rates encouraged excessive mortgage borrowing, leading to the housing bubble.
the Fed securitized the mortgages into collateralized debt obligations and encouraged excessive risk taking
the Fed did not adequately regulate the mortgage market's credit standards for issuing loans as required by the Federal Reserve Act.
What types of loans are NOT typically included in collateralized debt obligations?
subprime mortgages
home equity loans
adjustable-rate mortgages
O student loans

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Question 62 The correct answer is: low interest rates encourage excessive mortgage borrowing leading to the... View the full answer

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