Author Question: In 2005 and 2006, because of fears of inflation, the Fed: a. increased interest rates which lead to ... (Read 90 times)

leo leo

  • Hero Member
  • *****
  • Posts: 566
In 2005 and 2006, because of fears of inflation, the Fed:
 a. increased interest rates which lead to higher monthly payments on fixed rate mortgages.
 b. increased interest rates which lead to higher monthly payments on adjustable rate mortgages.
  c. decreased interest rates which lead to higher monthly payments on fixed rate mortgages.
  d. decreased interest rates which lead to higher monthly payments on adjustable rate mortgages.

Question 2

Inferior goods are low quality goods that people prefer to buy less of.
 a. True
  b. False
  Indicate whether the statement is true or false



anoriega3

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

b

Answer to Question 2

False



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The ratio of hydrogen atoms to oxygen in water (H2O) is 2:1.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Street names for barbiturates include reds, red devils, yellow jackets, blue heavens, Christmas trees, and rainbows. They are commonly referred to as downers.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

For a complete list of videos, visit our video library