When Housing Prices ________,As They Did Beginning in 2006 Following

question 171

Multiple Choice

When housing prices ________,as they did beginning in 2006 following the housing market bubble,consumption spending on furniture,appliances,and home improvements decline as many households find it ________ to borrow against the value of their homes.

• A)rise; easier
• B)rise; harder
• C)fall; easier
• D)fall; harder

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Definitions:

Ownership

The legal right to possess, use, and dispose of something, whether it be physical property, intellectual property, or another asset.

Trade Secret

Information, including a formula, practice, process, design, instrument, pattern, or compilation of information, not generally known or reasonably ascertainable, by which a business can obtain an economic advantage over competitors or customers.

Unlawfully Acquired

Refers to assets or goods obtained in violation of the law.

Intellectual Property

Creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names, and images used in commerce.