In retrospect it is clear that the us economy was in a, Business Economics

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In retrospect it is clear that the us economy was in a

In retrospect, it is clear that the U.S. economy was in a precarious position in 2006. Trillions of dollars had been borrowed to buy housing on the expectation that home prices would keep on rising. In 2006 the house prices fell; what happened in relation to this week’s chapter?

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