Podcast
Questions and Answers
What is the relationship between the energy-efficiency of a home and its mortgage payment?
What is the relationship between the energy-efficiency of a home and its mortgage payment?
- The energy-efficiency of a home does not affect the mortgage payment
- The text does not mention the relationship between energy-efficiency and mortgage payment
- A more energy-efficient home has a higher mortgage payment (correct)
- A more energy-efficient home has a lower mortgage payment
What is the most important issue for a wise consumer when buying a new home?
What is the most important issue for a wise consumer when buying a new home?
- The size of the home
- The lowest price possible
- The location of the home
- The total price of owning and maintaining the home (correct)
What is the common behavior of consumers?
What is the common behavior of consumers?
- Consumers always spend as little as possible
- Consumers often ignore the long-term cost of their expenditures (correct)
- Consumers are not concerned with the cost of their expenditures
- Consumers only focus on the short-term cost of their expenditures
What is the potential consequence of consumers focusing only on spending as little as possible in the short term?
What is the potential consequence of consumers focusing only on spending as little as possible in the short term?
What should a wise homebuyer be interested in, in addition to the price of the mortgage?
What should a wise homebuyer be interested in, in addition to the price of the mortgage?
What is the relationship between the energy-efficiency of a home and its mortgage payment?
What is the relationship between the energy-efficiency of a home and its mortgage payment?
Why is it important for a wise homebuyer to consider the total price of owning and maintaining a home?
Why is it important for a wise homebuyer to consider the total price of owning and maintaining a home?
What is one potential consequence of a more energy-efficient home?
What is one potential consequence of a more energy-efficient home?
What is the main focus of most homebuyers when purchasing a home?
What is the main focus of most homebuyers when purchasing a home?
What is one potential consequence of consumers focusing only on spending as little as possible in the short term?
What is one potential consequence of consumers focusing only on spending as little as possible in the short term?
What is the relationship between the energy-efficiency of a home and its mortgage payment?
What is the relationship between the energy-efficiency of a home and its mortgage payment?
What should a wise homebuyer be interested in, in addition to the price of the mortgage?
What should a wise homebuyer be interested in, in addition to the price of the mortgage?