When mortgage loans are securitized, they are
A) issued to borrowers with flawed credit histories.
B) issued to borrowers who fail to document their income.
C) bundled together by financial institutions and sold to investors.
D) guaranteed by the federal government.
C
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________ emphasize(s) that changing productivity and technology are the main reasons behind fluctuations in the economy
A) The real business cycle theory B) Keynesian theory C) Ricardian theory D) Monetary theories
Health insurance plans which typically reimburse doctors and hospitals with payment for each service they provide are known as
A) single-health-payer systems. B) health maintenance organizations. C) fee-for-service plans. D) preferred provider organizations.
The tax code in the United States allows for the deductibility of mortgage interest, but not for interest on credit cards. Why is this difference allowed to exist?
What will be an ideal response?
Which of the following is not a characteristic of market structure?
a. The number of sellers in the industry. b. The ease with which firms may enter or exit the industry. c. The existence of differences among sellers' products. d. The presence or absence of government taxation in the market.