The practice of securitization of mortgages:
A. pooled the risk of mortgages, allowing higher risk mortgages to be more safely sold to investors.
B. allowed investors to profit from the mortgage payments without being exposed to any risk.
C. was undertaken by government to guarantee the values of real estate.
D. pooled high-risk mortgages together, which raised the prices of them to investors.
Answer: A
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a. growth in the labor input. b. growth in output per unit of input. c. growth in the capital input. d. economies of scale. e. education.
Economics is a
A) hard science. B) physical science. C) natural science. D) social science.
Differentiate between an induced increase in consumption and an autonomous increase in consumption. How are they represented on a graph?
If a country with a relatively high inflation rate maintains a pegged exchange rate against the currency of a relatively low inflation country
A. its exports will become less competitive in the international market. B. its currency will sell at a discount. C. its currency will depreciate. D. its exports will become more competitive in the international market.