From 2006 to 2008, ______ fell by $350 billion.

a. mortgage-backed security valuations
b. individual foreclosures
c. subprime mortgage originations
d. housing construction


d. housing construction

Economics

You might also like to view...

In the late 1600s, the stock being traded in London's Exchange Alley that created a financial bubble belonged to the:

A. South Seas Company. B. East India Company. C. Bubble Company. D. Mediterranean Company.

Economics

According to Okun's law, when cyclical unemployment increases from 2 to 3 percent, the recessionary gap widens from ________.

A. ?2 percent to ?3 percent B. ?4 percent to ?6 percent C. 4 percent to 6 percent D. 0 percent to 1 percent

Economics

If real GDP increases by 6 percent and at the same time the population increases by 2 percent, then real GDP per person grows by

A) 3 percent. B) 6 percent. C) 8 percent. D) 4 percent. E) 2 percent.

Economics

A perfectly discriminating monopolist converts every dollar of producer surplus into economic profit

a. True b. False

Economics