How did the actions the Fed took on interest rates in 2005–2006 affect people with adjustable-rate mortgages?
a. Their payments decreased.
b. Their payments increased.
c. The government assumed their payments.
d. Their payments could not be changed.
b. Their payments increased.
Economics
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Are the costs of utilities always fixed, always variable, or can they be both? Briefly explain
What will be an ideal response?
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A decrease in the amount of human capital acquired by workers will lead to decrease in the supply of labor
Indicate whether the statement is true or false
Economics