Question

What were the effects of the drop in housing prices in the late 2000s?

Check all of the boxes that apply.
Many people could not pay their mortgages.
Banks made larger profits from selling millions of houses.
Loan losses hurt banks all over the world.
The entire economy was harmed.

Answer 1

Answer: A C and D

Many people could not pay their mortgages

Loan losses hurt banks all over the world

The entire economy was harmed

Answer 2

Many people could not pay their mortgages

Loan losses hurt banks all over the world

The entire economy was harmed

Step-by-step explanation:

Took it on edge