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sineoko [7]
3 years ago
10

Which of the following is a disadvantage of ARMs?

Social Studies
2 answers:
densk [106]3 years ago
8 0

Answer:

Payments may go up

Explanation:

Apex

DedPeter [7]3 years ago
5 0

<u>Answer:</u>

One of the disadvantages of ARM is that payments may go up.

Option: (B)

<u>Explanation:</u>

  • Adjustable-rate mortgages (ARMs) are the flexible loan system for the buyer of houses.
  • For the certain amount of period, the buyer can have the fixed interest and then it gets changed.
  • For example, 5/1 ARM means the house buyer has the fixed interest rate for 5 years and then it gets changed according to the index.
  • So, the main disadvantage of ARMs is that the payments may rise after the fixed period.
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This is the solution to the diamond-water paradox: Those things that have high value in use sometimes have low prices because th
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Answer:

E) marginal; marginal

Explanation:

The diamond-water paradox is also known as the "paradox of value".

                 In this paradox it is argued that water which is an essential thing for human survival and is so important to human, is offered no value in the market. Whereas diamond which is just a precious stone and is not an essential thing in human's life is valued so much and has great value in the market than water.

                 So the diamond-water paradox provides the solution that those things having high values in usage have low prices in the market because they are consumed at low marginal utility. And those things which have low value in usage sometimes have high prices in the market because they are consumed at high marginal utility.

Hence he answer is

E) marginal; marginal

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3 years ago
How can opportunity cost shape a economic decision?
Korolek [52]

Answer:

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Hope it helps.

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What was the first book to be mass-produced on the printing press?
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Answer:

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Explanation:

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