Author Question: Prior to the financial crisis and recession which began in 2007, credit for mortgages was ________, ... (Read 60 times)

P68T

  • Hero Member
  • *****
  • Posts: 509
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
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

As of mid-2016, 18.2 million people were receiving advanced retroviral therapy (ART) worldwide. This represents between 43–50% of the 34–39.8 million people living with HIV.

Did you know?

Approximately one in four people diagnosed with diabetes will develop foot problems. Of these, about one-third will require lower extremity amputation.

Did you know?

Thyroid conditions cause a higher risk of fibromyalgia and chronic fatigue syndrome.

For a complete list of videos, visit our video library