In comparing the traditional way of structuring mortgages and the newer structure of providing mortgages that securitized them and insured those securities with credit-default swaps, it is clear that the ________ structure allowed more people to afford homes and that the ________ structure was safer to the health of the overall economy.
A. traditional; newer
B. newer; newer
C. newer; traditional
D. traditional; traditional
Answer: C
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Outline the elements of an IMF stabilization package. Explain the mechanism by which it is expected to help a balance of payments deficit. How successful have these packages been? Explain your answer
What will be an ideal response?
Medicare and Medicaid have eliminated the financial burden of health care for the elderly
Indicate whether the statement is true or false
Currently, the United States imports more than it exports
a. True b. False Indicate whether the statement is true or false
Unemployment benefits in western Europe are more generous than in the United States. As a result, ________ in the United States
A) frictional unemployment is higher B) frictional unemployment is lower C) cyclical unemployment is higher D) structural unemployment is higher E) avoidable unemployment is lower