During 1979-2005, the mortgage default rate
a. was less than the foreclosure rate.
b. soared to more than 5 percent during recessions but declined sharply during economic expansions.
c. soared to more than 5 percent during expansions but declined sharply during economic recessions.
d. was generally between 1 and 2 percent.
D
Economics
You might also like to view...
If the domestic dollar return (home nominal interest rate) is 5%, and the foreign nominal interest rate is 3%, and there is no expected change in future exchange rates, then as the spot exchange rate depreciates:
a. the foreign return rises. b. the foreign return falls. c. the domestic return rises. d. the domestic return falls.
Economics
Which of the following is most liquid?
A) a share of stock B) a corporate bond C) a government bond D) a $100 bill
Economics