The process of bundling loans together and buying and selling these bundles in a secondary financial market is called
A) seigniorage. B) securitization.
C) open market operations. D) fractional reserve lending.
B
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Companies that enable investors to use their savings to buy financial securities are referred to as:
A) hedge fund companies. B) banks. C) private equity funds. D) asset management companies.
At the start of the Civil War, the South adopted a trade policy that did not
a. discourage exports to England. b. ban sales of cotton to the North. c. eventually move England from neutrality in the Civil War. d. weaken the southern war effort.
The largest drop in the percentage of families below the poverty level occurred
a. in the 1960s b. in the 1970s c. in the 1980s d. in the early 1990s e. during the recession of the early 1980s
A decrease in the real wage would result in a
A. shift of the labor demand curve, causing a decrease in the number of workers hired by the firm. B. movement along the labor demand curve, causing a decrease in the number of workers hired by the firm. C. movement along the labor demand curve, causing an increase in the number of workers hired by the firm. D. shift of the labor demand curve, causing an increase in the number of workers hired by the firm.