Answers HCISD-US History Studies Since 1877 B-CR SUMMER The Economy in the 1970sQuestion 9

9

QuizMultiple Choice

The Economy in the 1970s

Question 9 • HCISD-US History Studies Since 1877 B-CR SUMMER

President Carter’s Community Reinvestment Act

Answer

A

encouraged banks to lend in low- and moderate-income areas.

B

encouraged the wealthy to take out more loans.

C

encouraged banks to charge more interest on loans.

D

encouraged the wealthy to invest in suburban areas.

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