In Reading the National Business News, You Hear That Mortgage

question 81

Multiple Choice

In reading the national business news, you hear that mortgage rates increased by 50 basis points. If mortgage rates were initially at 6.5%, what are they after this increase?

• A) 6.55%
• B) 7.0%
• C) 11.5%
• D) 56.5%

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Definitions:

Age Identities

Refers to how individuals perceive their own age and how they align or contrast with societal expectations related to age groups.

Cognitive Competencies

Refers to mental skills and abilities, such as problem-solving, memory, and attention, which are necessary for successful learning and functioning.

Physical Strength

The measure of an individual's exertion of force on physical objects or the ability to resist force.

Outgoing Personalities

Individuals characterized by their sociability, friendliness, and a preference for being in the company of others.