Which of the following contributed to the soaring housing prices during 2002-2004?

a. the Fed's high-interest rate policy
b. the tightening of loan standards by commercial lenders
c. the increasing popularity of fixed-rate, long-term loans to lock in low interest rates
d. the Fed's low-interest rate policy


D

Economics

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For comparing changes in potential military strength and political preeminence, the most meaningful measure of economic growth would be changes in:

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What is the difference between a command economy and a laissez-faire economy?

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