Fannie Mae and Freddie Mac both
A) sell bonds to investors and use the funds to purchase mortgages.
B) help regulate the banking system.
C) directly lend funds to people seeking mortgages.
D) reduce access to funds for mortgages by purchasing existing mortgages.
A
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________ tended to increase spending on health care in the United States
A) The aging of the U.S. population, rather than advances in medical technology, has B) Advances in medical technology, rather than the aging of the U.S. population, has C) Neither the aging of the U.S. population, nor advances in medical technology, have D) The aging of the U.S. population, as well as advances in medical technology, have
Which of the following is not considered a factor that influences supply?
A) Technology. B) Production taxes and subsidies. C) The number of buyers. D) Resource prices.
The above figure shows the cost curves for a competitive firm. If the firm is to operate in the short run, price must exceed
A) $0. B) $5. C) $10. D) $11.
Supporters of globalization argue that increased globalization will lead to:
a. increased living standards. b. decreased budget deficits. c. decreased trade deficits. d. currency appreciation. e. monetary stability.