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pirex pirex
wrote...
Posts: 634
7 years ago
If a bank offers mortgages that do not require the normal 20% down payment, the bank encourages
A) people who know they might not pay off the mortgage.
B) people who can't afford the down payment but can pay off the mortgage.
C) people who know that they are going to pay off the mortgage.
D) people who know they can't pay off the mortgage but who can afford the down payment.
Textbook 
Microeconomics

Microeconomics


Edition: 6th
Author:
Read 84 times
1 Reply
And if you call, I will answer
And if you fall, I'll pick you up
And if you court this disaster
I'll point you home
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Answer verified by a subject expert
TecShdwTecShdw
wrote...
Posts: 432
Rep: 0 0
7 years ago
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pirex Author
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7 years ago
Thanks
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This calls for a celebration Person Raising Both Hands in Celebration
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Smart ... Thanks!
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