When someone takes out a mortgage loan to buy a house, the mortgage lender can take possession of the house and sell it if the borrower defaults on the loan because the house is being pledged as ________ for the loan

Refer to the figure above. If the government fixes a minimum wage rate at $15, the unemployment in the market will be:

A) 20 units of labor B) 0 units of labor C) 10 units of labor D) 30 units of labor

Tax deductions were significantly ____ under the Tax Reform Act of 1986

a. increased b. decreased c. expanded d. left unchanged for individual taxpayers