________ were the main sources of mortgage loans in Europe between 2000 and 2009.

A. Treasury bonds
B. Eurobonds
C. Covered bonds
D. Global bonds


Answer: C

Economics

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Which oligopoly model results in firms successively undercutting their rivals' prices until the competitive outcome is reached?

a. The contestable market model. b. The Cournot model of oligopoly. c. The Bertrand model of oligopoly. d. The monopolistic competition model.

Economics

When glucose is high, cAMP is _____ : CAP _____ bind the lac operator, and RNA polymerase _____ bind the lac promoter.

A) high; does; does
B) low; does not; does not
C) high; does not; does
D) low; does not; does
E) None of the answers is correct.

Economics

The graph below shows the Chamberlin model. If additional firms enter the market we would expect  

A. the dd curve to become steeper. B. the MC and ATC curves to shift downward. C. each individual firm to be worse off. D. the DD curve to shift right.

Economics

The free-rider problem is triggered by being:

A. nonexcludable. B. rival in consumption. C. excludable and rival in consumption. D. excludable and nonrival in consumption.

Economics