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What major factor(s) led to the U.S. economic woes which started in 2007? O A decline in real estate values which resulted in
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Answer #1

The Answer is:

A decline in real estate values which resulted in increased mortgage defaults and foreclosures and a decline in financial markets.

Explanation:

1) one of the major reason for U.S Economic Crisis is housing bubble where there is decline in real estate value whcih effects related mortgages to greater extent.

2) So, Remaining options are Incorrect.

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