NO.PZ2021071301000005
问题如下：
Analysts need to watch developments in the availability of credit because:
选项：
A. Too loose credit in the private sector could lead to bubbles in asset prices and property.
B. Too easy credit helps to moderate the extent of property bubbles.
C. The credit cycle is as long and as deep as the business cycle.
解释：
A is correct. Empirical studies show that easy credit conditions lead to the expansion of asset price and real estate bubbles, which often lead to crises
研究表明，宽松的信贷环境导致了资产价格和房地产泡沫的程度，而这往往会导致危机。
是因为moderate用的不对吗？
