Adjustable-rate mortgages ____ of rising interest rates on a typical savings ins
ID: 2697907 • Letter: A
Question
Adjustable-rate mortgages ____ of rising interest rates on a typical savings institution's spread. They ____ of declining interest rates on the spread. Answer Reduce the adverse impact; reduce the favorable impact Reduce the adverse impact; increase the favorable impact Increase the adverse impact; increase the favorable impact Increase the adverse impact; reduce the favorable impact1 Adjustable-rate mortgages ____ of rising interest rates on a typical savings institution's spread. They ____ of declining interest rates on the spread. Reduce the adverse impact; reduce the favorable impact Reduce the adverse impact; increase the favorable impact Increase the adverse impact; increase the favorable impact Increase the adverse impact; reduce the favorable impact
1 Reduce the adverse impact; reduce the favorable impact Reduce the adverse impact; increase the favorable impact Increase the adverse impact; increase the favorable impact Increase the adverse impact; reduce the favorable impact
1
Explanation / Answer
Reduce the adverse impact; reduce the favorable impact