Answers 26-27 Ignite Economics-KY-Economics Banking — Unit testQuestion 8

8

QuizMultiple Choice

Banking — Unit test

Question 8 • 26-27 Ignite Economics-KY-Economics

Which statement best describes why it is difficult to sell a home during a recession?

Answer

M

Mortgage rates are high.

D

Demand greatly decreases.

M

Mortgages become unavailable.

H

Housing prices increase.

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