By 2006 and 2007, foreclosure rates in some previously-booming states, such as Nevada and Colorado, were
A. one hundred times the national average.
B. three times the national average.
C. roughly equal to the national average.
D. still far below the national average.
Answer: B
Economics
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The biggest wave of bank failures in the U.S. occurred:
A) during the Great Depression. B) before the Great Depression. C) during 2007 to 2009. D) in the early 1990s.
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Before 1970, mutual funds invested almost solely in
A) corporate bonds. B) corporate common stocks. C) United States government bonds. D) municipal bonds and money market securities.
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