As opposed to the sub-prime market, the prime market is where
A) individuals are assessed as being a relatively low credit risk for mortgage lending.
B) individuals are assessed as being a relatively high credit risk for mortgage lending.
C) interest rates on mortgages were likely to be high.
D) individuals have a poor credit rating.
Correct Answer:
Verified
Q3: The shadow banking system refers to financial
Q6: The real economy refers to that part
Q12: Credit markets froze because interest rates were
Q15: In a financial crisis, central banks will
Q16: Prior to the start of global crisis
Q20: What theory states that problems in financial
Q21: The higher a government budget deficit is
Q22: A sign that the 2007-09 global economic
Q22: Lending to governments used to be seen
Q27: When a government fails to balance its
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents