Mortgage-backed securities are large blocks of mortgages which have been repackaged into ________ and sold to pension funds and other large investors
A) stocks
B) bonds
C) mutual funds
D) certificates of deposit
B
Economics
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Is it possible for nominal GDP to increase while real GDP does not change?
What will be an ideal response?
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Conglomerate mergers involve more than two firms
a. True b. False
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If total revenue is increased, which of the following must have been true?
a. MR = 0 b. MR > 0 c. MR = AR d. MR < 0 e. MR < MC
Economics
The nominal exchange rate is 2 Barbados dollars per U.S. dollar. If the price of a good in Barbados is 3 Barbados dollars and the price in the U.S. is 2 U.S. dollars, what is the real exchange rate to the nearest 100th?
a. 3 Barbados goods per U.S. good b. 1.33 Barbados goods per U.S. good c. .75 Barbados goods per U.S. good d. none of the above is correct
Economics