What similarities exist between experiences-financial crises

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What similarities exist between experiences in the United States and Ireland during the 2007-2009 financial crises (check all that apply).

A. High real estate prices that were fuelled by sharp increases in mortgage lending in both countries.

B. Debt inflation occurred in both countries.

C. Both countries experienced painful recessions with increases in the unemployment rate.

D. Both countries experienced painful recessions with significant declines in GDP.

Reference no: EM13730429

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