Joe and Tess McGreen Are Purchasing Their First Home in Durham

question 277

True/False

Joe and Tess McGreen are purchasing their first home in Durham, North Carolina. They are seeking pre-qualification on a home loan. The unemployment rate for North Carolina is 10.2% and GDP is declining. Chances are pretty good that the Fed will raise interest rates in order to loosen the supply of money, resulting in a more expensive loan for Joe and Tess.

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Definitions:

Gestational Carrier

A carrier who is not related to the fetus. In this case, a woman with ovaries but no uterus uses her own egg and the man’s sperm to create the embryo, which is then placed within the carrier’s uterus.

Surrogate Mother

A woman who agrees to bear a child for another person or couple, often through artificial insemination or in vitro fertilization.

Labor Stage

The period during childbirth when the muscles of the uterus contract to dilate the cervix and push the baby out.

Uterine Fibroids

Noncancerous growths in the uterus that often appear during childbearing years.