All of the following are examples of risky mortgages that became more common in the 2000s EXCEPT
A) alt-A mortgages.
B) adjustable-rate mortgages with low rates for a few years and then higher rates in later years.
C) mortgages requiring down payments of at least 20%.
D) subprime mortgages.
C
Economics
You might also like to view...
To minimize distortion and errors, it is best to ensure the shortest path between the source of the information and its user
Indicate whether the statement is true or false
Economics
One signal that the U.S. dollar was overvalued in the early 1970s was the
a. stable price of gold. b. volume of international trade. c. recurring balance-of-trade deficits in the U.S. d. recurring balance-of-trade deficits in European countries.
Economics