Banks became more willing to make subprime loans because of:

A. securitization.
B. leveraging.
C. hedging.
D. herd behavior.


A. securitization.

Economics

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Answer the next question(s) based on the following information for Manfred's Shoe Shine Parlor.Units of LaborTotal ProductMarginal ProductTotal Revenue00  11414$422 10 330 90435  539 1176  1267442132Assume Manfred hires labor, its only variable input, under purely competitive conditions. Shoe shines are also sold competitively. What is the marginal product of the sixth worker?

A. 2 units B. 3 units C. 4 units D. 5 units

Economics

If ink and cartridge are consumed in specific proportion, the indifference curve for ink and cartridge is likely to be _____

a. a straight line b. downward sloping c. L-shaped d. U-shaped

Economics

Economic growth causes the PPF to

A) shift leftward. B) shift rightward. C) remain constant. D) go from a straight line to a curve.

Economics

The majority of U.S. imports and exports involve:

Economics