When Housing Prices Fell as They Did Beginning in 2006

question 121

Multiple Choice

When housing prices fell as they did beginning in 2006 following the housing market bubble,most banks and other lenders ________ the requirement for borrowers,making it ________ for potential home buyers to obtain mortgages.

• A)tightened; easier
• B)tightened; harder
• C)eased; easier
• D)eased; harder

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Definitions:

Communication Channel

The medium through which information is transmitted from sender to receiver, such as email, phone, or face-to-face.

Customer Complaints

Feedback from customers expressing dissatisfaction with a product or service.

Free Consulting

Offering professional advice without charge, often as a way to introduce services or gain trust.

Indirect Method

A technique that subtly conveys messages or arrives at conclusions, often used in communication or financial statements.