CERTIFIED GENERAL APPRAISER EXAM QUESTIONS AND ANSWERS LATEST UPDATE

MONETARY POLICY HELPS CONTROL INFLATION BY

A. REGULATING THE MONEY SUPPLY

B. ENCOURAGING RENT CONTROL

C. REDUCING TAXES

D. REFUSING TO BALANCE THE BUDGET

E. USING A NONCALENDAR YEAR

A

THE SECONDARY MORTGAGE MARKET IS WHERE:

A. MORTGAGE BANKERS ORIGINATE MORTGAGE LOANS

B. SECOND MORTGAGES ARE ORIGINATED

C. EXISTING MORTGAGES ARE BOUGHT AND SOLD

D. THE FNMA AND GNMA MAKE MORTGAGE LOANS

E. THE RTC SEARCHES FOR BUYERS OF SAVINGS AND LOAN ASSOCIATIONS

C

WHEN INFLATION IS EXPECTED TO BE HIGH, INVESTORS TEN TO AVOID

A. EQUITY INVESTMENTS

B. LONG-TERM FIXED-INCOME INVESTMENTS

C. SHOR-TERM INVESTMENTS

D. MONEY MARKET INSTRUMENTS

E. TANGIBLES

B

MORTGAGE FINANCING AFFECTS

A. EQUITY DIVIDENDS FROM REAL ESTATE

B. EQUITY YIELDS FROM REAL ESTATE

C. MONETARY POLICY

D. FISCAL POLICY

E. BOTH A AND B

E