9
lesson pretestMultiple Choice

Pretest

Question 9 • CMS 2026-2027 Economics and Personal Finance CREDIT RECOVERY

Which statement best describes why it is difficult to sell a home during a recession?

Answer
A
Mortgages become unavailable.
B
Demand greatly decreases.
C
Housing prices increase.
D
Mortgage rates are high.

Explanation

During a recession, people often have less income or feel uncertain about their jobs, so fewer are willing or able to buy homes. This reduced demand makes it harder for sellers to find buyers. The best choice is “Demand greatly decreases.”

AI-written and checked against the verified answer.

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