Question

Subprime loans were at the center of the Great Recession which occurred from 2007-2009. True False
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Answer #1

The given statement is true and this is because during the housing bubble of the great recession in the 2007 what happened is that too large amount of investment that a layer is locked on to the United States the company started giving supreme loans to people as a result of which ultimately many defaulted which made many companies in the United States and across the world to maintain their liquidity stand as a result of which it became one of the reasons why the recession occurred on the whole

Therefore (a) True is the answer to this question

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