Robert​ Samuelson, a columnist for the Washington Post argues that the Great Moderation actually caused the Great Recession. During the Great​ Moderation, "consumers could assume more debt—and lenders could lend more​ freely."​Source: Robert J.​ Samuelson, "Is the Economy Experiencing another Great​ Moderation?" Washington Post​, June​ 4, 2014.These actions might have made the severe recession of​ 2007-2009 more likely becauseA.regulators could not determine who owned the loans and who should be paid.B.once incomes began to​ fall, people could not pay their​ debt, and banks suffered losses as repayments fell.C.bankers continued to​ lend, even though they had​ losses, and many banks collapsed.D.consumers continued to​ spend, propping up the​ economy, even though their debt expanded.

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