Multiple Choice
At the end of 2002, interest rates on new 30-year mortgages fell below six percent, and the industry operated under recessionary conditions. For the construction industry, this low interest rate was an example of how _____ forces influence its macroenvironment?
A) economic
B) demographic
C) technological
D) political and legal
E) social and cultural
Correct Answer:
Verified
Correct Answer:
Verified
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