When Housing Prices Began to Decline After Their Peak in 2006,many

question 35

Multiple Choice

When housing prices began to decline after their peak in 2006,many subprime borrowers found that their mortgages were "underwater." This meant that

• A)the value of the house fell below the amount of the mortgage.
• B)the basement flooded since they could not afford to fix the leaky plumbing.
• C)the roof leaked during a rainstorm.
• D)the amount that they owed on their mortgage was less than the value of their house.

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Definitions:

Polymer

is a chemical compound or mixture of compounds formed by polymerization and consisting essentially of repeating structural units.

Nucleotides

The basic building blocks of nucleic acids like DNA and RNA, consisting of a sugar, a phosphate group, and a nitrogenous base.

Purines

A type of nitrogenous base found in DNA and RNA, including adenine and guanine, which pair with pyrimidines.

Pyrimidines

One of the two classes of nitrogenous bases found in nucleic acids, including cytosine, thymine (in DNA), and uracil (in RNA).