QUESTION 6

1.The net effect of government supported organizations such as Fannie Mae, Ginnie Mae, and Freddie Mac is to:

To broaden credit and offer it at a cheaper rate than might otherwise prevail.

To narrow credit but offer it at a cheaper rate than might otherwise prevail.

To broaden credit but offer it at a more expensive rate than might otherwise prevail.

To narrow credit and offer it at a more expensive rate than might otherwise prevail.

None of the above.

10 points

QUESTION 7

1.For what does medigap insurance pay?

The portion of medical expenses covered by the government.

The portion of medical expenses not covered by the government.

Assistance at home.

Payments to a nursing home.

None of the above.

QUESTION 10

1.Using cash as much as possible is a method through which one can:

Reduce temptation.

Minimize discomfort.

Eliminate options to spend.

All of the above.

None of the above.