Of the three agencies that have been created to promote residential housing, the only one that is an entity of the U.S. government is

If the nominal interest rate is 6% and the inflation rate is 3%, the real interest rate is

a. 2% b. 3% c. 6% d. 9%

Which of the following refers to extremely high rates of inflation for sustained periods of time?

a. deflation b. hyperinflation c. bust d. depression