Borrowers who stated but did not document their incomes are referred to as:
A) subprime
B) alt A
C) adjustable
D) securitized
B
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The new growth theory states that
A) it is impossible to replicate production activities. B) technological advances are the result of discoveries and choices. C) the subsistence level income leads to technological advances. D) technological advances are the responsibility of the government. E) technological advances are the result of random chance.
Refer to the figure below, expenditures as a percent of GDP fell dramatically in the 1980s.
A. True
B. False
C. Uncertain
Which of the following is not a commonly-cited explanation for the decreasing labor-force participation rates for men from 1950 to the present?
a. availability of reliable birth control b. men acquiring additional years of schooling before entering the labor force c. a preference for men to retire when younger d. changing social attitudes about stay-at-home fathers
In which of the following markets are funds demanded and supplied?
A. the factor market B. the money market C. the labor market D. the goods and services market