By the Height of the Housing Bubble in 2005 and Early

question 81

Multiple Choice

By the height of the housing bubble in 2005 and early 2006,lenders had greatly loosened the standards for obtaining a mortgage loan,with many mortgages being granted to ________ borrowers with flawed credit histories and ________ borrowers who did not document their incomes.

• A)sub-prime; "Alt-A"
• B)adjustable rate; shadow-banking
• C)"credit crunch"; black market
• D)"fresh-start"; prime rate

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Definitions:

Behavioral Genetic

A field of study aimed at understanding how genetic and environmental factors influence behaviors and traits.

Shared Environment

Aspects of the environment that individuals living together share and that contribute to making them similar in behavior and traits.

Family Background

The social, economic, and familial environment a person is raised in, which can influence their development and life choices.

Secret Lives

Aspects of an individual's life or experiences that they keep hidden from others, often due to fear of judgment or misunderstanding.