All claims held against customers and others for money, goods, or services are reported as current assets.

A review of the Housing Affordability Index indicates that since the early 1990s, housing affordability has

A) had an overall upward trend until about 2004. B) has remained relatively constant. C) has had an overall downward trend. D) has had dramatic upward and downward swings.

Credit extended to consumers for short periods of time to make specific purchases is

A) installment credit. B) non-installment credit. C) revolving open-end credit. D) minimum limit credit.