In comparing the traditional way of structuring mortgages and the newer structure of providing mortgages that securitized them and insured those securities with credit-default swaps, it is clear that the ________ structure allowed more people to afford homes and that the ________ structure was safer to the health of the overall economy.

A. traditional; newer
B. newer; newer
C. newer; traditional
D. traditional; traditional

Answer: C

Economics

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In the United States in 2013, the Bureau of Economic Analysis began counting spending on research and development as ________, which counts as a part of GDP

A) intermediate goods B) investment C) consumption D) depreciation

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Why would a firm continue to pollute even when it is fined (taxed) for doing so?

What will be an ideal response?

Economics