A bubble is a situation in which there is a rapid escalation of <span>asset prices which is later followed by a contraction of the same. When there is a surge in asset prices which is unwarranted by the fundamentals of the assets that are in question and an exuberant market behavior supports it, a bubble is created. When nobody buys anymore and starts selling everything off then the bubble is deflated.
In that period, many people started buying homes with mortgages with adjustable rates. When the stocks started rising so did the prices of mortgage interest rates and people started realizing they couldn't pay back their loans and started losing homes. When the homes were taken away, there was a realization that the houses were not worth at all the price that was owed and that banks would suffer severe losses because of the bad mortgages that they gave. This led to the 2008 recession.</span>
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I think C is correct.
Explanation:
When the President issues a veto, the bill returns to its House of origin.
Answer:
The Civil War had a greater impact on American society and the polity than any other event in the country's history. The number of casualties suffered in a single day at the battle of Antietam on Lincoln and other Republicans recognized that the United States Constitution protected ...
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Propounded during the second half of the 19th century, the concept of Manifest Destiny held that it was the divinely ordained right of the United States to expand its borders to the Pacific Ocean and beyond.
#1. The correct answer is Ben Franklin.
#2. The correct answer is King George ||. (I think you might've meant the 2nd? Instead of the 3rd?)
Hope this helps you!!! (:
