According to this Application, what is home equity? A) the ...

[nenivikky]

According to this Application, what is home equity?
 
  A) the difference between the value of homes and the amount of mortgage debt on the property
  B) the value of homes less the value of the property on which the homes are sitting
  C) the value of homes plus the value of the content in the homes
  D) the average retail value of homes listed for sale

Question 2

Refer to the scenario above. Which of the following is true?
 
  A) Both the workers should specialize in the production of Good Y.
  B) Worker 1 should produce Good Y and Worker should produce Good X.
  C) Worker 1 should produce Good X and Worker should produce Good Y.
  D) Both the workers should specialize in the production of Good X.

[bpool94]

Answer to Question 1

A

Answer to Question 2

C