Multiple Choice
Housing wealth is equal to
A) the market value of a house minus the value of loans people have taken out to pay for the house.
B) the actual price paid for a house minus the current value of the house.
C) the actual price paid for a house minus the value of any outstanding loans taken out to pay for the house.
D) the current market value of the house should that house be sold within the next 30 days.
Correct Answer:
Verified
Correct Answer:
Verified
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