The use of financial leveraging on mortgage backed securities played a central role in the 2008 financial crisis

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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Keynesians believe the economy can be managed using monetary and fiscal policy.

Answer the following statement true (T) or false (F)

Economics

Developing countries are damaged by dead capital because

A. it reduces too much household saving. B. it results in inefficiencies that greatly reduce the rate of return on capital investment. C. it replaces too many workers, creating unemployment. D. it must be sold as scrap.

Economics