Which of the statements about subprime lending is false? Subprime lending occurs when financial institutions issue loans to individuals who are less likely to be able to repay their loan than individuals who meet a set of standards. Before the 2008 financial crisis, financial institutions increased the number of subprime loans they issued as home prices continued to rise. The risks associated with subprime lending increase as the likelihood of falling home prices increase. If a home owner is unable to afford the mortgage payments, the homeowner can always pay off the mortgage by selling the home.

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answer; the landlord can sue the renter,and the renter loses the security deposit;

answer: in the short-run firms will respond by raising the price of turkey.

explanation: initially the long-run equilibrium is at a price of $5 per pound of turkey and a quantity of 50 million pounds per year. now, when webmd claims that a protein found in turkey will increase your expected lifespan by 4 years. the consumers demand for turkey will increase at every price shifting the demand curve to the right from d1 to d2. while, there will be no change in the supply curve in the short-run as it is not possible for producers to adjust supply so quickly. as a result the new equilibrium will occur at a higher price and a higher quantity of turkey.

thus, in the short run firms will respond by increasing the price of turkey, selling more quantity at a higher price and earning economic profits.