A Positive Statement Is One That

question 65

Multiple Choice

A positive statement is one that:

• A)outlines a direct relationship between two variables
• B)outlines an inverse relationship between two variables
• C)is subjective and is, therefore, based upon a value judgement
• D)is necessarily true
• E)is objective and is, therefore, based upon facts

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Definitions:

Economic Crisis

A situation where an economy faces a sudden downturn brought on by a financial crisis, resulting in high unemployment and inflation.

Foreclosure Rates

The frequency at which properties are forced to be sold due to the owner's failure to pay the mortgage.

Down Payment

An initial, upfront partial payment for the purchase of expensive items/services, typically associated with the purchase of a home or vehicle.

Freddie Mac

A public government-sponsored enterprise (GSE) that operates in the secondary mortgage market to increase the availability and affordability of home loans.