pprakash786 wrote:
Question 1
A- True since one person called this benign.
B- If HUD is initiating legal proceedings then it has influence over practices.
C- Yes, because it's stated that "...flawed assumption: that government officials were qualified to tell banks how to lend the money entrusted to them by depositors and investors."
Question 2
A- No mention of how common middle or high income neighbourhoods are.
B- Not really as people who voted for CRA did so because they thought this was harmless.
C- True. This is the assertion Thomas Sowell makes.
I agree with your explanation except for Q2 option B (your inference is too far-reaching)
B- details about people who voted for CRA are out of scope.