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svetoff [14.1K]
3 years ago
11

Which of these describes what can happen with an adjustable-rate mortgage?

Business
2 answers:
elixir [45]3 years ago
5 0

Answer:

The monthly mortgage payments go up or down from year to year.​

Explanation:

olga55 [171]3 years ago
4 0

Answer:the answer is D

Explanation:

It goes up and down due to the adjustable rate of the mortgage

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The answer is C.

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As the general price level decreases or falls, people will want to hold less money, so the interest rate falls.

As price level falls, value of money decreases because a unit of money will more of goods or services.

During this period people will want to hold less money because of the decrease in value and the excess money will be deposited in banks.

With this, the banks have more money to lend out and this will make the bank to reduce its Interest rate.

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