Statement I: Home Equity Loans Automatically Help to Stabilize the Economy

question 340

Multiple Choice

Statement I: Home equity loans automatically help to stabilize the economy in times of recession.
Statement II: The tens of billions of dollars of unemployment benefits being paid out establish a floor under purchasing power and help to automatically stabilize the business cycle.

• A)Statement I is true and statement II is false.
• B)Statement II is true and statement I is false.
• C)Both statements are true.
• D)Both statements are false.