Personal Preferences for a Car Include All of the Following

question 68

Multiple Choice

Personal preferences for a car include all of the following except

• A)considering what kind of car you really want,regardless of what you need.
• B)the size of the car.
• C)the price of the car.
• D)the size of the engine and fuel economy.

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Definitions:

Interest Rate Ceilings

A regulatory measure that sets the maximum interest rate that can be charged on loans and other financial products.

Deregulation

The process of reducing or eliminating government controls and restrictions in an industry to enhance efficiency and competition.

FDIC

The Federal Deposit Insurance Corporation, a U.S. government agency that provides insurance protection to depositors in US banks.

Mortgage-Backed Security

A claim on payments made on the many mortgages bundled into this financial instrument.