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    Exam 27: Information Problems and Channels for Monetary Policy
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    To Determine Whether a Home Is Affordable, Most Homebuyers Focus
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To Determine Whether a Home Is Affordable, Most Homebuyers Focus

Question 60

Question 60

Multiple Choice

To determine whether a home is affordable, most homebuyers focus on


A) the price of the home.
B) cost of servicing the mortgage compared to take-home pay.
C) interest rates.
D) how much the home price has changed in recent years.

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