By the 2000s, an Important Change in the U

question 191

Multiple Choice

By the 2000s, an important change in the U.S.mortgage market had occurred when ________ became significant participants in the secondary market for mortgages.

• A)investment banks
• B)Federal Reserve Banks
• C)commercial banks
• D)savings banks
• E)Fannie Mae and Freddie Mac

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Definitions:

Audience Composition

The makeup or characteristics of the people who will be receiving and interpreting a message.

Skeptical Audience

A group of individuals who have doubts or questions about the credibility or truth of the information presented to them.

Writing Style

The manner in which a writer expresses their thoughts in writing, characterized by choice of words, tone, and syntax.

Audience Composition

The demographics or characteristics (like age, gender, income level) of the people who are intended to receive a message or view a presentation.