Subprime Loans Are Made

question 114

Multiple Choice

Subprime loans are made:

• A)on houses that are below average value.
• B)with interest rates that are below the prime rate.
• C)with very short maturities.
• D)to buyers who don't meet the usual criteria for getting a mortgage.

---

Definitions:

Cnidocyte

Stinging cell unique to cnidarians.

Polyps

Abnormal growths of tissue projecting from a mucous membrane, commonly found in organs such as the nose or intestines.

Closed Circulatory System

A circulatory system where the blood moves through the body in closed vessels, ensuring efficient transport of nutrients and oxygen to cells and removal of waste products.