Answers CMS 2026-2027 Economics and Personal Finance HONORS INITIAL CREDIT Spending — QuizQuestion 1

1

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Spending — Quiz

Question 1 • CMS 2026-2027 Economics and Personal Finance HONORS INITIAL CREDIT

Building equity in a home is a good thing because

Answer

A

mortgage payments decrease as equity increases.

B

credit scores increase as equity increases.

C

property taxes decrease as equity increases.

D

equity in a home increases the homeowner’s net worth.

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