Which of the following is true of a covered bond?
A. In case of covered bonds, the obligation of the loan remains with the originating bank that gives out the loan.
B. In case of covered bonds, the obligation of the loan immediately transfers to the institution taking the loan.
C. A covered bond is the same as a mortgage-backed security except that it is more popular in the United States than in Europe.
D. A covered bond is the same as a mortgage-backed security except that it is more popular in the Europe than in the United States.
Answer: A
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Which of the following statements about U.S. production is correct?
A. Construction accounts for a larger percentage of total production than does manufacturing. B. Real estate services account for 12.6 percent of the value of total pro-duction, larger than any other item of services or goods. C. Consumption goods and services represent 85 percent of U.S. produc-tion by value and that percentage doesn't fluctuate much. D. The manufacture of goods represents more than 50 percent of total production.
Explain the differences between total revenue, average revenue, and marginal revenue
What will be an ideal response?
If a monopolist pays a lobbyist to protect its government-created monopoly, which of the following will happen?
a. Monopoly profits will increase. b. Consumers will have more surplus. c. Monopoly profits will decrease. d. Society will have less deadweight loss.
Carbon monoxide in the air is_____ than its 1975 level.
A. 25% more B. 3% less C. 3% more D. 67% less