The Statements Above Most Strongly Suggest That If All Subprime

question 64

Multiple Choice

The statements above most strongly suggest that if all subprime loan borrowers had taken out the loan that was most appropriate for their needs,then what would have been the outcome?

• A) None of them would have taken out an adjustable loan.
• B) None of them would have taken out a subprime loan.
• C) Most of them would have paid less in interest.
• D) Most of them would have taken out a conventional loan to cover any expenses not covered by a subprime loan.
• E) Most of them would have paid money at the start of the loan in order to get a reduced interest rate over the life of the loan.

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Definitions:

Behavior Genetics Design

A research method used to determine the role of genetic and environmental influences on individual behavior.

Secularization Thesis

The theory that as societies progress, religious authority diminishes in all aspects of social life and governance.

Religious Explanation

An interpretation or understanding based on religious beliefs or teachings, often used to make sense of the world or human experience.

State Authority

The power or right of a state to govern itself or another entity, including creating laws, enforcing them, and adjudicating disputes.