Because of securitization, a new class of residential mortgages offered to borrowers with less-than-stellar credit records developed. These mortgages are known as
A) risk-enhanced mortgages.
B) subprime mortgages.
C) bundled mortgages.
D) adjustable-rate mortgages.
B
Economics
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The government borrows by selling bonds. The DEBT
What will be an ideal response?
Economics
Last year Sam's Hamburger Shop paid all its expenses, including wages, salaries, rent, and all inputs. The $18,000 remaining last year was
a. interest b. NNP c. proprietor's income d. GDP e. NDP
Economics