In the Early 2000s,the Government Passed Laws Requiring Banks and Mortgage

Multiple Choice

In the early 2000s,the government passed laws requiring banks and mortgage brokers to disclose the terms of home loans.This action by the government was an attempt to:

A) solve the information asymmetry problem, but did not work as intended.
B) solve the information asymmetry problem and led to an improvement in the housing market.
C) screen out risky or shady banks and mortgage brokers.
D) signal to consumers that the government cared about the value of their homes.