4
QuizMultiple Choice
Banking
Question 4 of 10 • Economics (semester) SS3314 IC
Read the graph about mortgage interest rates and housing starts between 1978 and 1983.A conclusion that can be drawn from both graphs by looking at 1983 is that interest rates
Answer
d
dropped, which led to more home starts.p
peaked, while home starts bottomed out.c
climbed, which led to fewer home starts.b
bottomed out, while home starts peaked.