Housing in America

question 42

Multiple Choice

Housing in America

• A)falls largely outside the scope of the law-people are free to rent or sell property to whomever they want.
• B)is an area where equality in practice is now nearly a reality; people of similar incomes,regardless of race or color,find it equally easy to qualify for home mortgages.
• C)is an unimportant civil rights issue,since housing patterns almost completely reflect the personal preferences of people and are not substantially influenced by past or present racial bias.
• D)continues to evidence a high degree of racial segregation.
• E)None of these answers is correct.

Distinguish between policy activists and non-interventionists in the context of fiscal and monetary policy.

Understand the principles of supply-side economics and its stance on tax policies.

Distinguish between the views of supply-side economists and other economic schools on fiscal and monetary policies.

Analyze the theoretical foundations and policy recommendations of Keynesian, monetarist, and new classical economists.

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Definitions:

Historical Record

Documentation or an account of past events, actions, or operations, serving as evidence or information about previous occurrences.

Financial Markets

Platforms where buyers and sellers trade financial securities, commodities, and other fungible items of value at low transaction costs and at prices that reflect supply and demand.

Real Rate Of Return

The annual percentage of profit or loss on an investment adjusted for inflation.

T-Bill Rate

The interest rate paid by U.S. Treasury bills, considered a benchmark for the risk-free interest rate.