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Question
Gabby and Gus Malloy recently got pre-approved on a loan for their first house purchase. They are speculating on how much they should bid on their number one choice, a small, three-bedroom bungalow near a major college town. Which of the following indicators may be an important factor in whether they are able to successfully put in a low bid?
A. The federal tax rate in that area
B. The unemployment rate in that area
C. The producer's price index in that area
D. The CMI, or consumer's marginal index
Answer
This answer is hidden. It contains 604 characters.
Related questions
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Countries that wish to avoid shortages and surpluses of goods should adopt a communist system.
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Incentive to own and operate businesses is high in nations whose governments are proponents of socialistic practices.
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A. federal; state
B. fiscal; monetary
C. monetary; fiscal
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If the quantity supplied in a market exceeds the quantity demanded, a shortage will exist.
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Efforts by the Federal Reserve Bank (the Fed) to control the money supply and interest rates are known as:
A. fiscal policy.
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sole proprietorship
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