Redlining occurs when:
a. A broker on the sale of home discriminates against a minority person
b. A lender makes a red line on a map around an area that he does not want to make loans to
c. A broker steers a minority person out of integrated areas
d. None of the above
Answer: b. A lender makes a red line on a map around an area that he does not want to make loans to
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Which of the following is true of the Greek bailout in 2010?
A) The exposure of foreign banks and other institutions was the smallest in France, Germany, Britain, the Netherlands, Italy, and Belgium. B) The European Central Bank (ECB) joined with the International Monetary Fund (IMF) to offer $1 trillion in loan guarantees to Europe's banks. C) The private- and public-sector banks and other institutions of Europe and the United States lent money only to one another. D) The U.S. dollar fell dramatically, and the euro became a safe haven.
Are CEOs compensated commensurately with their companies' performance?
What will be an ideal response?