Securities dealers reduce the uncertainty associated with mortgage debt cash flows through the development of
A) convertible mortgages.
B) callable mortgages.
C) collateralized mortgage obligations.
D) tax-exempt commercial paper.
C
You might also like to view...
There is clear evidence of a race-to-the-bottom internationally, regarding working conditions and the environment
Indicate whether the statement is true or false
If market participants have rational expectations, then the best forecast of the price of a stock in the next period is
A) equal to an average of the prices of the stock in previous periods. B) equal to the price of the stock in the current period. C) dependent upon all information available in the current period, including, but not limited to, the price of the stock in the current period. D) dependent on information available in the previous period.
If C is consumption, I is investment, G is government purchases and NX is net exports, according to the expenditure approach, Y would stand for ________; and the national income identity could be written as ________
A) transfers; Y = C + I + G - NX B) CPI; Y = C + I + G + NX C) GDP; Y - C - I = G + NX D) income; Y = C - I - G + NX E) the real interest rate; Y = C + I + G + NX
The Golden Rule is an example of a private solution for
a. subsidizing higher education. b. internalizing externalities. c. increasing production. d. reducing scarcity.