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Author Question: Identify a true statement about subprime mortgage loans. A) They are given to people with a high ... (Read 64 times)

Davideckstein7

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on: Jul 14, 2018
Identify a true statement about subprime mortgage loans.
 A) They are given to people with a high credit score.
  B) They are less attractive to lenders because they provide a lower return than any other form of investment.
  C) They are usually issued to people who have a high ability to repay the money they borrow.
  D) They are lent to borrowers with high debt-to-income ratios.

Question 2

The payments portion of the balance of payments--that is, payments made by the United States--does not include
 A) exports.
  B) imports.
  C) military spending.
  D) foreign aid.
  E) investments.


dudman123

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Reply #1 on: Jul 14, 2018
Answer to Question 1

D

Answer to Question 2

A


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