Which of the Following Types of Lending Accounts for the Largest

question 44

Multiple Choice

Which of the following types of lending accounts for the largest dollar market?

• A)commercial lending
• B)consumer lending
• C) mortgage lending
• D) government lending

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Definitions:

Personal Income Taxes

Taxes levied on individuals or households based on the income they earn within a given year.

Subsidies

Financial support granted by the government or a public body to help an industry or business keep the prices of a commodity or service low.

Automobile Purchases

The action or activity of buying vehicles intended for personal or commercial use on roads.

Marginal Tax Rate

The rate at which the last dollar of income is taxed, indicating the percentage of additional income that is paid in taxes.