The difference between U.S. financial regulation between the 1930s-to-1980 period and the 1980-to-2010 period is:
a. The earlier period was characterized by heavy government regulations and the later one was characterized by looser government regulations.
b.The earlier period was characterized by heavy use of the originate-to-distribute" strategy.
c. The earlier period was characterized by recurring, nation-wide speculative housing bubbles.
d. The earlier period was characterized by heavy use of securitization.
e. All of the above.
.A
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