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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 impact
1 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