How would Francis Fox Piven's concept of interdependent power impact policies on mortgage interest rates?
A) Homebuyers rely on mortgage lenders for money, which gives them the power to determine rates.
B) Homebuyers depend on good credit to gain a loan approval at a good interest rate.
C) Homebuyers can unify and exercise joint power to influence interest rates.
D) Homebuyers with more money have more pull to get lower interest rates.
Correct Answer:
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