Author Question: Identify a true statement about subprime mortgage loans. A) They are given to people with a high ... (Read 66 times)

Davideckstein7

  • Hero Member
  • *****
  • Posts: 555
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

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

D

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

For pediatric patients, intravenous fluids are the most commonly cited products involved in medication errors that are reported to the USP.

Did you know?

Asthma-like symptoms were first recorded about 3,500 years ago in Egypt. The first manuscript specifically written about asthma was in the year 1190, describing a condition characterized by sudden breathlessness. The treatments listed in this manuscript include chicken soup, herbs, and sexual abstinence.

For a complete list of videos, visit our video library