question archive The Fed’s low short-term interest rate policy of 2002 to 2004 encouraged decision makers to a
The Fed’s low short-term interest rate policy of 2002 to 2004 encouraged decision makers to a
Subject:EconomicsPrice: Bought3
The Fed’s low short-term interest rate policy of 2002 to 2004 encouraged decision makers to
a. make large down payments when purchasing housing.
b. purchase housing only if it could be financed with a 30-year, fixed interest-rate mortgage.
c. borrow more and increase their purchases of housing.
d. borrow less and reduce their purchases of housing.
