6
QuizMultiple Choice

Financial Institutions and Banking

Question 6 • FL-2106020-M/J Civics Advanced B

Review the photograph.

Question illustration
Answer
W
When mortgage interest rates go down, banks stop making loans.
W
When mortgage interest rates go down, banks make more money.
I
It’s easier for people to buy a new home when mortgage interest rates are down.
I
It’s more difficult for people to buy a new home when mortgage interest rates are down.
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