asked 203k views
0 votes
In a weak economy, the sale of lands for development may experience a slowdown. What is the MOST LIKELY reason this

might happen?
A)
Land owners want very high prices for the land.
B)Business owners take more chances during a slowdown.
C)Prospective buyers may find it difficult to get financing.
D)Private financial institutions try to stop the sale of lands.

2 Answers

3 votes

Answer:C

Explanation:i just did it

answered
User Raz Luvaton
by
8.2k points
7 votes

Answer:

The correct answer is (C)

Step-by-step explanation:

In a weak economy, very few people have the means to buy hard assets from their own money. A weak economy is a malicious cycle where people do not have resources of improving and increasing their income. In a weak economy, financial institutions become weak, which creates a shortage of money in the market. It also becomes challenging to get loanable funds to invest in a weak economy.

answered
User HuskyDucky
by
8.1k points
Welcome to Qamnty — a place to ask, share, and grow together. Join our community and get real answers from real people.