When Housing Prices Fall, as They Do After a Housing

question 49

Multiple Choice

When housing prices fall, as they do after a housing market bubble, most banks and other lenders ________ the requirement for borrowers, making it ________ for potential home buyers to obtain mortgages.

• A)tighten; easier
• B)tighten; harder
• C)ease; easier
• D)ease; harder

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Definitions:

Contemporary Social Movement

refers to organized collective efforts emerging in recent times aiming to promote or resist changes in society with a specific agenda.

Identity

The qualities, beliefs, personality, looks, and expressions that make a person or group different from others.

Network Television

Refers to traditional broadcasting systems that provide television programs to the public without the need for cable or satellite, using terrestrial signals.

Primetime

Refers to the time period during the evening when television viewership is typically the highest, and thus, the most coveted by broadcasters.