After new HUD guidelines were issued in 1999, Freddie Mac and Fannie Mae
a. extended fewer loans to borrowers making a down payment of 5 percent or less.
b. extended more loans to borrowers making a down payment of 5 percent or less.
c. extended new loans only to borrowers making a down payment of at least 20 percent.
d. refused to extend new loans without full verification that the borrower had prime credit status.
B
Economics
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If the Shell and Mobil oil companies merge, what is this called?
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A quota is
a. a tax on exported items. b. a tax on imported items. c. a limit on the amount of imports. d. a subsidy to export.
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