Question 1

 

Multiple Answer

(1.0000 points)

 

Question:

Reasons for government intervention in housing include which of the following?
(Check all that apply)

 

 

 

. Decent housing of political and social significance
Use of housing to spur the economy
Adverse selection of housing products
Horizontal equity
The homeless

 

 

Question 2

 

Multiple Answer

(1.0000 points)

 

Question:

Income tax deductions for home mortgage interest are a violation of which of the following?
(Check all that apply)

 

 

 

Vertical equity
Horizontal equity
Externalities
Adverse selection
Public good

 

 

Question 3

 

Multiple Answer

(1.0000 points)

 

Question:

Government programs used to promote economic efficiency in housing include which of the following?
(Check all that apply)

 

 

 

FHA 203b
FHA 236 and 221 d(3)
GNMA
Community development and block grants
Regulation of mortgage interest rates and credit

 

 

Question 4

 

Multiple Answer

(1.0000 points)

 

Question:

Government programs used to promote equity (fairness) in housing include which of the following?
(Check all that apply)

 

 

 

FHA 203b
FHA 235
FHA 236 (221d3)
FHA Section 8
Community Development Block Grants

 

 

Question 5

 

Multiple Answer

(1.0000 points)

 

Question:

Which of the following secondary mortgage markets was organized primarily to service the savings and loan and life insurance industries?
(Check all that apply)

 

 

 

FNMA
GNMA
FDIC
Tandem Plan
FHLMC