During 2006-2008, the housing foreclosure rate rose sharply
A) for fixed interest rate loans, but it was virtually unchanged for adjustable rate loans.
B) for adjustable rate loans to both sub-prime and prime borrowers, but there was little change in the foreclosure rate on fixed interest rate loans.
C) for adjustable rate loans to sub-prime borrowers, but the foreclosure rate on these loans to prime borrowers was virtually unchanged.
D) for adjustable rate loans to prime borrowers, but the foreclosure rate on these loans to sub-prime borrowers was virtually unchanged.
Correct Answer:
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