A specific type of loan that is used to buy real estate:
a. mutual fund
b. mortgage
c. millage note
d. deed bond
Answer: b. mortgage
You might also like to view...
In the Keynesian model, suppose the Fed sets a target for the real interest rate
If the IS curve shifts down and to the left, and the Fed wants to keep output unchanged in the short run and the price level unchanged in the long run, what should the Fed do? Use the LR curve to formulate your answer.
Employers and workers in the protected industry know that the consequences of protection are principally:
a. lower prices for their output, lower profits for owners, and lower wages for workers. b. higher prices for their output, lower profits for owners, and lower wages for workers. c. higher prices for their output, lower profits for owners, and higher wages for workers. d. lower prices for their output, higher profits for owners, and higher wages for workers. e. higher prices for their output, higher profits for owners, and higher wages for workers.
The antitrust laws are enforced by government agencies such as the Federal Trade Commission and the Department of Justice.
Answer the following statement true (T) or false (F)
A rise in X-inefficiency:
A. does not affect costs, only the price and quantity. B. shifts the ATC curve up. C. shifts the ATC curve down. D. shifts the ATC curve down or up, depending on the nature of the inefficiency.