Examlex
The demand for corn increases.As a result,the price of corn ________,and the less elastic the supply of corn,the ________ will be the effect on the price.
Deregulation
The process of removing or reducing government regulations from specific industries or sectors, often intended to increase efficiency and promote competition.
Mortgage Industry
Comprises companies and individuals involved in creating, servicing, and processing mortgages for residential and commercial properties, including lenders, mortgage brokers, and real estate professionals.
Housing Crisis
A situation in which affordable housing is scarce, leading to increased homelessness and housing insecurity among populations.
Foreclosures
The legal process by which a lender takes control of a property, evicts the homeowner, and sells the home after the homeowner fails to make full principal and interest payments on a loan.
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