Should a tight money policy be implemented by the Federal Reserve System (the Fed), the net effect would be the increasing of:

A: Volume of sales of single-family homes;
B: Use of second trust deed financing in real estate transactions;
C: Use of new first trust deed financing in real estate transactions;
D: Supply of lendable funds for housing construction.

Answer: B: Use of second trust deed financing in real estate transactions;

Business

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The transportation model is always constructed with a minimization objective function

a. True b. False

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