Does the number of foreclosures in the early 2000s support the statement that the American Economy has a free financial system?

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jmedel534 jmedel534

01-12-2020
Business

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Does the number of foreclosures in the early 2000s support the statement that the American Economy has a free financial system?

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AnShults AnShults · Answer 1 · 2020-12-07T07:47:26+01:00

Answer:

The number of foreclosures in the early 2000s support the statement that the American Economy has a free financial system is explained below in detail.

Explanation:

Federal Reserve acquisitions of federal agency securities and mortgage-backed agreements have decreased mortgage interest valuations, advancing home-buying more affordable. The Federal Reserve emerged new laws for credit cards, contracts, and other financial outputs following the furrow of the financial crisis.