Tradionally, it was pretty hard to get a mortgage
What will be an ideal response?
if you had bad credit or didn't have a steady job. Lenders just didn't want to take the risk that you might "default" on your loan.
Economics
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The price elasticity of demand for a vertical demand curve is:
a. perfectly elastic. b. perfectly inelastic. c. unitary elastic. d. elastic. e. inelastic.
Economics
Contractionary fiscal policy is designed to combat demand-pull inflation and consists of a decrease in government spending and/or an increase in taxes
a. True b. False Indicate whether the statement is true or false
Economics