Subprime Mortgages

question 48

Multiple Choice

Subprime mortgages

• A)have lower interest rates than standard mortgages.
• B)have higher interest rates than standard mortgages.
• C)have a higher risk for the borrower than standard mortgages.
• D)are the same thing as home equity loans.

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Definitions:

Recall

The mental process of retrieving information from the past.

Recognition

The cognitive process of identifying and acknowledging the presence or existence of something.

Implicit Memory

A type of memory in which previous experiences aid in the performance of a task without conscious awareness of these previous experiences.

Crossword Puzzle

A word game in which players fill in a grid of squares with words that intersect at common letters, based on clues provided.