QUES: The Fed then raised the Fed funds rate significantly between July 2004 and July 2006. This contributed to an increase in 1-year and 5-year adjustable-rate mortgage (ARM) rates, making ARM interest rate resets more expensive for homeowners. This may have also contributed to the deflating of the housing bubble, as asset prices generally move inversely to interest rates, and it became riskier to speculate in housing. U.S. housing and financial assets dramatically declined in value after the housing bubble burst.

How do asset prices generally move in relation to interest rates?
What is the answer?
ANS: inversely
QUES: In Lemon v. Kurtzman, 403 U.S. 602 (1971), the court determined that a Pennsylvania state policy of reimbursing the salaries and related costs of teachers of secular subjects in private religious schools violated the Establishment Clause. The court's decision argued that the separation of church and state could never be absolute: "Our prior holdings do not call for total separation between church and state; total separation is not possible in an absolute sense. Some relationship between government and religious organizations is inevitable," the court wrote. "Judicial caveats against entanglement must recognize that the line of separation, far from being a "wall," is a blurred, indistinct, and variable barrier depending on all the circumstances of a particular relationship."

What did the court's decision argue that the separation of church and state could never be?
What is the answer?
ANS: absolute
QUES: The Foreign and Commonwealth Office of United Kingdom recognises a Middle East and North Africa region, but not a Near East. Their original Middle East consumed the Near East as far as the Red Sea, ceded India to the Asia and Oceania region, and went into partnership with North Africa as far as the Atlantic.

What consumed the Near East as far as the Red Sea?
What is the answer?
ANS:
Their original Middle East