When the housing bubble began to burst in 2006, investors became
A) more likely to purchase mortgage-backed securities since mortgage values had declined significantly, making the securities a better value.
B) less likely to purchase mortgage-backed securities since the default rate on mortgages began to rise.
C) more likely to purchase mortgage-backed securities since the higher rate of return made these investments much more profitable.
D) less likely to purchase mortgage-backed securities since the government virtually took over the mortgage market.
B
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Answer the following statement(s) true (T) or false (F)
1. According to the textbook application, the automobile industry and the state of California worked together to solve the state’s urban smog problem. 2. Title IV of the 1990 Clean Air Act Amendments uses tradeable allowances to control sulfur dioxide emissions. 3. Under the Clean Air Act, the major groups of air pollutants being controlled are natural pollutants, hazardous air pollutants, and greenhouse gases. 4. In the United States, seven criteria pollutants have been identified through criteria documents. 5. Among the criteria pollutants identified in the United States is carbon dioxide.
The table above gives the production possibilities frontier for a nation that produces wheat and soybeans
Use the information in that table to complete the table below, which has in it the opportunity costs of moving from one production point to another. Do not forget to note the units of the opportunity costs. Movement from Opportunity cost Movement from Opportunity cost A to B D to C B to C C to B C to D B to A
A ban on imports, a tariff, or a quota raises the price to domestic consumers. This means that consumers will buy less of the product at a higher price. The loss associated with this is called
A) production associated loss. B) productive consumption loss. C) consumption distortion loss. D) consumer misperception loss.
The most common measures used to evaluate health outcomes are
a. Life expectancy at birth. b. Life expectancy from external causes. c. Infant mortality. d. Both a and c