3. what relationship existed between subprime mortgages and foreclosures when home prices fell?
a. the value of homes remained higher than the mortgage, so foreclosures decreased b. many people with subprime mortgages could not make their payments, so foreclosures increased
c. banks offered more subprime mortgages to avoid further foreclosures.
d. the federal reserve lowered interest rates to avoid further foreclosures.

latin america is a region of racial and cultural diversity.  it is a group of countries and dependencies in the americas where romance languages are predominant. the term originated in 19th century france as amérique latine to consider french-speaking territories in the americas along with the larger group of countries where spanish and portuguese languages prevailed.

explanation:

states

explanation:

as the old saying goes, all politics are local. state and federal governments affect our daily lives in numerous ways. yet, in our federal system, there is supposed to be a balance between federal and state power. as james madison envisioned it in federalist no. 51, “the power surrendered by the people” would be “divided between two distinct governments,” creating a balance of power that would enable the “different governments [to] control each other.”