Which of the Following Was Not a Direct Contributor to the Booming

question 72

Multiple Choice

Which of the following was not a direct contributor to the booming housing market in the 2000s?

• A)People were expecting housing prices to keep on rising.
• B)People could get mortgages with little or no money down.
• C)Lending standards became loose.
• D)Contractionary policy was passed in 2001.

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Definitions:

Shoe Sizes

A numerical indication of the fitting size of a shoe for a person.

Foot Size

A measurement of the length and sometimes width of a person's foot to determine shoe fitting.

Foot Width

The measurement of the breadth of a person's foot, typically relevant in shoe sizing and fit.

Fair Die

A die that has an equal probability of landing on any of its faces.