Hello I need help with answers 1 through 10 please.

Question 1 (1 point) During the mortgage crisis of 2007, many homeowners were unable to make their monthly mortgage loan payments, and their lenders took ownership of their homes. When a bank takes possession of a home this way, the practices is called 0 Foreclosure O Vacancy O Hijacking O Booting 0 Red lining Question 2 (1 point) The mortgage crisis of 2007 was precipitated by the escalation of subprime lending. What is a subprime loan? 0 It is a business loan to a subcontractor. Q It is an equipment loan to a Medicare recipient. Q It is a home loan to someone who has weak borrowing characteristics. 0 It is a Personal loan to a recent immigrant. Q It is a commercial loan from one bank to another. Question 3 (1 point) Which of the following practices describes "red lining?" Q It is a set of practices that includes denying mortgage loans in predominantly minority neighborhoods. Q It is the fraudulent practice of stealing food stamps. Q It is the fraudulent practice of signing up for welfare when you do not actually qualify. 0 It is the practice of denying unemployment benefits to minority groups. 0 It is the practice of paying into social security as an undocumented worker. Question 4 (1 point) Assume that the city of Detroit loses jobs and population. leading to a decrease in the demand for housing. At the same time, Denver gains jobs and population, leading to an increase in the demand for housing. The housing supply and demand model predicts which of the following results? 0 New housing starts will increase in Detroit and decrease in Denver. 0 Housing prices will fall in Detroit and rise in Denver. 0 Denver will experience more red lining. O The housing poverty rate will rise in Denver and fall in Detroit. 0 Housing prices will rise in Detroit and fall in Denver. Question 5 (1 point) in the United States, changes in the supply of housing is heavily influenced by zoning laws. Which market failure is zoning designed to regulate? 0 Bankruptcy. 0 Public goods due to the desire for police protection. 0 Positive externalities due to gentrification. O The markets tendency to deplete natural resources. 0 Negative externalities due to undesirable uses of property. Question 6 (1 point) In some parts of the Country, the process known as gentrification has caused a decrease in the supply of low-income housing. What is gentrification? 0 It is when low-income housing is converted into middle- and upper-income housing. 0 It is when the distribution of income becomes increasingiy more unequal. 0 It is when poor people use their Section Eight housing vouchers in order to move into affluent suburbs. Q It is when affluent people move out of cities and into suburbs. 0 It is when suburban development spreads out and takes up the surrounding country side. Question 7 (1 point) Some cities have responded to rising low-income housing prices by imposing price ceilings. often referred to as \"rent controls.\" Economists believe that such interventions cause which of the following unintended consequences? 0 Higher than usual unemployment rates. 0 Surpluses of low-income housing. 0 Shortages of low-income housing. 0 Increased drug usage and crime. 0 Vacancies in low-income housing. Question 8 (1 point) In the last half century. what has been the long-term trend in owner-occupied housing rates in the United States? 0 Home ownership rates have stayed the same. 0 Home ownership rates have sky-rocketed to nearly one hundred percent. 0 Home ownership rates have plummeted to near zero. O Home ownership rates have decreased. 0 Home ownership rates have increased. Question 9 (1 point) Fannie Mae and Freddie Mac are examples of government sponsored enterprises (GSEs) that play a big role in American housing markets. What is the main financial activity of these GSEs? 0 They provide housing-related education to poor people. 0 They collect the profits when homeowners build new houses. 0 They provide child care in housing markets that are designated as I'poor." O The purchase mortgages and issue mortgage-backed securities. 0 They serve breakfast to over 50 million poor people nation-wide. Question 10 [1 point) When the housing market bubble burst in 2007, many homeowners became "upside down" in their mortgages. What does it mean for a borrower to be upside down in their mortgage? 0 The stock market is on the upswing, while real estate is on the downswing. O The home is worth less than the amount owed on the mortgage. 0 The homeowner is receiving food stamps. O The homeowner is unemployed. O The home completely worthless