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.

Respuesta :

Answer:

The correct answer is (C)

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.

Answer:C

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