A discount loan is a loan the Federal Reserve makes to a commercial bank
Indicate whether the statement is true or false
True
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The number of people receiving Medicare is expected to grow to 74 million by the year
A) 2105. B) 2020. C) 2025. D) 2075.
In the United States, price-fixing cartels are
a. ubiquitous b. nonexistent c. generally illegal d. discouraged the Department of Labor e. dominant in small industries with large numbers of firms
At what stage of the securitization process was moral hazard a major problem?
a. Mortgage origination. b.Due diligence and mortgage servicing. c. Securitization. d. All of the above
Many species of animals are common resources, and many must be protected by law to keep them from extinction. Why is the cow not one of these endangered species even though there is such a high demand for beef?
a. Cows reproduce at a high rate and have adapted well to their environment. b. Public policies protect cows from predators and diseases. c. Cows are privately owned, whereas many endangered species are owned by no one. d. There is a natural ecological balance between the birth rate of cows and human consumption.