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    MandB 3
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    Exam 2: The Financial System and the Economy
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    When a Household Borrows to Buy a Home, the Resulting
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When a Household Borrows to Buy a Home, the Resulting

Question 71

Question 71

Multiple Choice

When a household borrows to buy a home, the resulting security is referred to as


A) a discount bond.
B) a Treasury bill.
C) mortgage debt.
D) consumer credit.

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