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In 2008, testifying before Congress, Alan Greenspan, the former head of the Federal Reserve Bank:a. admitted that there had been a "flaw" in his long-held conviction that free markets would produce the best results.b. argued that banks and investment firms should regulate themselves.c. argued that the federal government should allow unregulated economic competition.d. argued that regulation would damage banks, Wall Street, and the mortgage market.e. called for deregulation and artificially low interest rates.
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