When the government _____________ mortgage lending standards,the indirect result is likely to be _____________ home prices.

Question

Quizplus · Accepted Answer

When the government lowers mortgage lending standards, it becomes easier for more people to qualify for home loans, which increases demand for homes and can drive up home prices. Conversely, when the government increases lending standards, fewer people can qualify for loans, which can decrease demand and lead to lower home prices.

When the Government _____________ Mortgage Lending Standards,the Indirect Result Is