At the beginning of the most recent financial crisis banks, Microeconomics

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At the beginning of the most recent financial crisis banks

At the beginning of the most recent financial crisis, banks were hurt by all of the following EXCEPT

A. defaults on mortgages by those with subprime mortgages.

B. not being repaid on loans to real estate developers

C. declines in the value of mortgage-backed securities

D. holding too many Treasury bonds

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Microeconomics: At the beginning of the most recent financial crisis banks

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Microeconomics: At the beginning of the most recent financial crisis banks

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