When housing prices fell as they did beginning in 2006 following the housing market bubble,most banks and other lenders ________ the requirement for borrowers,making it ________ for potential home buyers to obtain mortgages.
A)tightened; easier
B)tightened; harder
C)eased; easier
D)eased; harder

Question

Quizplus · Accepted Answer

When banks and other lenders "tighten" the requirements for borrowers, it means they are making it harder for potential home buyers to obtain mortgages. Therefore, option B is the best answer.

When Housing Prices Fell as They Did Beginning in 2006