Because consumer loans are rather __________, they have been relatively __________ to securitize
A) standardized; easy
B) standardized; difficult
C) not standardized; easy
D) not standardized; difficult
A
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If the price of a futures contract increases, then
A) the exchange will collect the amount of the increase from the seller of the contract and transfer it to the account of the buyer of the contract. B) the exchange will collect the amount of the increase from the buyer of the contract and transfer it to the account of the seller of the contract. C) the exchange will collect the amount of the increase from both the buyer and the seller and place it in escrow until the delivery date. D) the additional funds will be required from either the buyer or the seller until the delivery date.
If income tax rates are cut, the size of the budget deficit will necessarily increase
Indicate whether the statement is true or false
Which of the following is partially responsible for the male-female wage gap in the United States?
A. Women have, on average, less education than their male counterparts. B. Women have, on average, less work experience than their male counterparts. C. Women have been denied access to many occupations, leading to increased supply in a few occupations. D. All of these are correct.
The Lucas supply function, in combination with the assumption that expectations are rational, implies that announced policy changes
A. will have no effect on real output. B. will have no effect on nominal output. C. will have no effect on the actual price level. D. will have no effect on the expected price level.