Author Question: If the amount you owe on your house is greater than the price of the house, you have A) negative ... (Read 35 times)

naturalchemist · **on:** Jun 29, 2018

If the amount you owe on your house is greater than the price of the house, you have

A) negative equity in your house. B) no value to your house.
C) a reverse mortgage on your house. D) a mortgage rate that is too high.

Question 2

Refer to Figure 29-2. Consider the market for U.S. Dollars against the British pound shown in the graph above. From this graph we can conclude that the dollar price of a British pound has ________ to ________ dollars per pound

A) decreased; 2.00 B) decreased; 0.46 C) increased; 0.50 D) increased; 2.17