« previous next »

Author Question: Prior to the financial crisis and recession which began in 2007, credit for mortgages was ________, ... (Read 89 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
Prior to the financial crisis and recession which began in 2007, credit for mortgages was ________, creating a ________.
 
  A) unavailable to low-income borrowers; large demand for rental properties
  B) virtually unavailable; housing bubble
  C) only available to borrowers with high credit scores; shortage of affordable housing
  D) easily obtained; housing boom

Question 2

Use the above table. At an income of 150
 
  A) real saving is 20. B) real dissaving is 50.
  C) real saving is 10. D) real dissaving is 10.


Galvarado142

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

Less than one of every three adults with high LDL cholesterol has the condition under control. Only 48.1% with the condition are being treated for it.

Did you know?

Human kidneys will clean about 1 million gallons of blood in an average lifetime.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Comet 17P/Holmes, 2007/11/02 Comet 17P/Holmes, 2007/11/02
The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p The world has been horrified recently at a U.S. Congress so polarized and paralyzed that it cannot p
Auguste Comte (1798–1857), who is credited as the founder of sociology, began to analyze the bases ... Auguste Comte (1798–1857), who is credited as the founder of sociology, began to analyze the bases ...
Signs and Symptoms of Shock Following a Crisis Situation Signs and Symptoms of Shock Following a Crisis Situation
The Economics of Money, Banking and Financial Markets, Business School Edition The Economics of Money, Banking and Financial Markets, Business School Edition
Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ... Raman has a line of credit loan with the ICICI bank. The initial loan balance was $72000.00. ...
Video: Osteoporosis

For a complete list of videos, visit our video library