Fannie Mae and Freddie Mac are the______.
a. largest brokerages services to be bought out during the 2008 financial crisis
b. senators who sponsored a bill to reform subprime lending practices
c. largest investment banking firms in the United States
d. government-sponsored organizations that back most mortgages in the United States
d. government-sponsored organizations that back most mortgages in the United States
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Which is most likely to be observed in a community where price ceilings are imposed on residential rents?
A. Those whose needs for housing are most urgent will be able to obtain the space they want. B. Poor people will be able to find adequate housing. C. Homeowners will reduce their own use of housing space, making more available to others. D. People moving into the community will have difficulty locating residential space to rent.
Assume labor is the only variable input and that an additional input of labor increases total output from 72 to 78 units. If the product sells for $6 per unit in a purely competitive market, the MRP of this additional worker is
A. $72. B. $12. C. $36. D. $6.
How are net exports, net factor payments from abroad, and the current account balance related?
What will be an ideal response?
Constitutional economists
A) assert that within a given set of institutions, constraints, laws and rules, outcomes might be the same no matter who is elected to office. B) study the type of constraints that individuals might seek to place upon themselves in order to achieve some objective that doesn't seem achievable in a non-constrainable environment. C) assert that better outcomes arise from changing the political party in power at any given point in time than from changing institutions and constraints. D) b and c E) a and b