Using supply and demand tools, describe what would happen in the home mortgage market if home buyers were allowed a grace period of 3 years, in which they would pay only interest on the loan and not on the principal of the loan?
A. The demand for home mortgages would increase.
B. The demand for home mortgages would decrease.
C. The supply for home mortgages would decrease.
D. The supply for home mortgages would increase.
E. Both supply and demand for home mortgages would decrease



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