Which of the Following Is True

question 23

Multiple Choice

Which of the following is true?

• A)In 2007, the default rate on fixed rate mortgages was lower than that on ARMs.
• B)From 2006-2008, housing construction decreased by $350 billion in the U.S.
• C)Zero-down mortgages decreased the incentive for homeowners to prevent defaulting on their homes.
• D)all of the above

---

Definitions:

Calculated

Describes a value or result obtained through a mathematical process or computation.

Customer Number

is a unique identifier assigned to individuals or entities to track their transactions or interactions with a business.

Uppercase

Capital letters used in writing to denote importance, to start sentences, or for proper nouns.

Insertion Point

The cursor location in a document or text field showing where new text or objects will be inserted.