Banks became more willing to make subprime loans because of:
A. securitization.
B. leveraging.
C. hedging.
D. herd behavior.
A. securitization.
You might also like to view...
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
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
Economic growth causes the PPF to
A) shift leftward. B) shift rightward. C) remain constant. D) go from a straight line to a curve.
The majority of U.S. imports and exports involve: