After a period of price stability in the 1990s, housing prices increased dramatically during 2002-2005 because
a. regulations designed to make housing more affordable increased the demand for housing and drove housing prices upward.
b. regulations designed to make housing more affordable decreased the number of sub-prime loans and made home buying a safer investment.
c. mortgage lending standards tightened, and therefore mortgage loans for housing were only available to buyers purchasing highly expensive homes.
d. home buyers were putting more money down and requiring more return on their investment, driving housing prices up.
A
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Cost centers
a. Are largely run by themselves b. Require the parent company to monitor quality control c. May try to reduce costs by reducing quality d. Both B&C
As the time of settlement gets closer:
A. the price of the futures contract will always be above the price of the underlying asset. B. the price of the futures contract will move in lockstep with the price of the underlying asset. C. the price of the underlying asset and the future's price will show no correlation at all. D. the price of the futures contract will diverge from the price of the underlying asset.
Agricultural subsidies are known to cause overproduction and create other problems. Are there benefits from such subsidies? Explain
What will be an ideal response?
Refer to the table below. The marginal cost of the 3rd unit of this activity is:Units ofActivity TotalCostTotalBenefit0$0$01$30$1002$40$1603$60$1904$100$2105$150$2206$210$225
A. $30 B. $10 C. $20 D. $25