________ were the main sources of mortgage loans in the United States between 2000 and 2009?
A. Mortgage-backed securities
B. Credit card receivables
C. Covered bonds
D. Loans from credit unions
Answer: A
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In the above figure, what amount of subsidy per student would government have to provide to colleges if its desired objective was to achieve an efficient level of education, 50 million students per year?
A) $6,000 per year B) $12,000 per year C) $18,000 per year D) $27,000 per year
Consider the game between the teens from the previous question. Instead of being a simultaneous game, suppose it is sequential, with teen A moving first. What is the subgame-perfect equilibrium of this new game?
a. Both Declare. b. Both Ignore/Rebuff. c. It is a mixed strategy equilibrium. d. Teen A Declares and Teen B follows A's action.
The bubble concept refers to
a. the buying and selling of pollution rights b. the way pollution creates a hole in the ozone layer c. pollution due to nuclear waste d. strict pollution standards for individual firms e. obligatory controls
Local governments rely most heavily on
a. personal income taxes b. corporate income taxes c. estate taxes d. property taxes e. excise taxes