What is an advantage of renting a place to live? lower front costs
payments chance from month to month
low down payment
increase equity over time

lower front costs

Explanation

Owning a home requires some substantial capital outlay. Due to the high-cost involved upfront, people who cannot raise a lot of money at once opt to rent.

Renting a house requires a lot less money as compared to owning a home. One needs to find a house whose rent obligation is within their means. He or she engages the landlord and sign a tenancy agreement. Once the deposit and rent are paid as agreed with the landlord, they can start living in the house.

there was no passage listed but using the process of elimination i'd say it was d. the high economy would do the opposite. i don't see how low prices would affect it. high unemployment is possible but i feel d is the better answer.

answer; is usually (less than) the socially optimal level of consumption;