Answer:
The correct answers are:
- B) Thousands of homes were foreclosed on
- D) Banks tightened credit restrictions again
Explanation:
B) Adjustable Mortgage Rate (ARM) changes every certain period of time. When this period ends, ARM resets to whatever the prevailing interest rate is. Many borrowers who did not anticipate this, had to pay more for their monthly mortgage. As a result, <em>banks foreclosed homes of those borrowers, who could not pay their monthly mortgage</em>.
D) To prevent (or alleviate) the real estate crash, banks tightened their criteria for potential borrowers selection. <em>Borrowers who most likely would not be able to sustainable make their payments, were left out</em>.
Answer:
Researchers typically use random assignment.
Explanation:
Random assignment is when a researcher uses chance to make sure all participants have the <em>same opportunity to be in either group</em> during an experiment. It is used to decide in which group the now selected participants will be in.
An example of random assignment is the<em> flip of a coin. </em>
These would be referred to as echo boomers. They are the children of baby boomers
