Brainliest + points! explain!

which is the correct order for mortgage loan types from lowest typical interest rate to highest typical interest rate?

a.
fixed rate, balloon, arm

b.
balloon, arm, fixed rate

c.
balloon, fixed rate, arm

d.
fixed rate, arm, balloon

The answer here is B.

Balloon mortgages are usually the lowest because they are the shortest, and usually the least risky for banks.

ARM (adjustable rate mortgages) are next because they start lower than fixed rate because the interest rate is subject to change throughout the loan

Fixed rates are usually the highest because the bank wants to hedge against increasing interest rates in the future.

1   all nations face the problem of scarcity because there are limited resources and unlimited wants. nations do not have enough factors of production to produce everything that their population wants. entrepreneurial resources initiate businesses to make new goods and services; labor resources produce goods and services.

2 there are four factors of production: natural resources, labor resources, capital resources, and entrepreneurial resources. natural resources are raw materials from nature that are used to produce goods. trees, water, and grains are natural resources. some natural resources, such as wheat and cattle, are renewable

3 wants

things that you do not need to have in order to survive, but would like to have

needs

things that you must have in order to survive

goods

physical products

services

tasks that a business perform for customers

resources

items that people can use to make or obtain what they need or want

determine

to settle or decide by choice of alternatives or possiblities

4 i really dont know

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