According to the theory of disappearing political discourse, politicians remain silent about issues because politicians:
A. don't have enough information.
B. are unsure of their opinions.
C. fear that voters do not fully understand the issues.
D. fear that if they speak out they will be misunderstood.
Answer: D
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Recall the Application. Securitization refers to
A) the practice of purchasing loans, repackaging them, and selling them to the financial markets. B) the federal insurance received by home buyers to protect them from declining home values. C) the process used by the Federal Reserve to insure home builders against bank failures. D) the stocks and bonds used as collateral when one financial institution sells mortgages to another financial institution.
A secondary market is one in which
A) new securities are issued. B) financial intermediaries make loans. C) savers place funds in financial intermediaries. D) existing securities can be bought and sold.
Which of the following schools of thought believes that wages and prices are rigid in the short run?
a. Keynesians and new Keynesians b. Only monetarists c. Only new classical economists d. Monetarists and new classical economists e. Monetarists and Keynesians
List prices on new cars do NOT change very often, so
A. the real price of cars is very inflexible. B. the prices of new cars can only be flexible if there are changes in the cost of materials. C. price flexibility shows up primarily through the negotiations between buyers and sellers. D. price flexibility is not an important feature in the auto market.