Between 2001-2005,
a. both sub-prime and adjustable rate mortgages decreased as a share of the total.
b. both sub-prime and adjustable rate mortgages increased as a share of the total.
c. sub-prime loans increased, but adjustable rate loans decreased as a share of the total.
d. sub-prime loans decreased, but adjustable rate loans increased as a share of the total.
B
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What led to the over-extension of credit by some private banks and central banks in the euro zone prior to the 2009 euro crisis?
What will be an ideal response?
Which of the three central concepts in macroeconomics is cited in the textbook as being linked to crime, mental illness, and suicide?
A) the inflation rate B) the unemployment rate C) productivity growth D) None of the above is cited as being linked to these events.
The higher are a firm's risk-corrected returns
A) the lower are its labor costs. B) the higher are its opportunity costs. C) the more advantage it has in obtaining investor financing. D) the more difficulty it will have financing its expansion plans.
Refer to the data. The marginal product of the sixth worker is:
Answer the question on the basis of the following output data for a firm. Assume that the amounts of all nonlabor resources are fixed.
A. 180 units of output.
B. 30 units of output.
C. 15 units of output.
D. negative.