According to this Application, for approximately 12 million homeowners in 2012, the amount owed on mortgages was higher than the actual value of the homes. Homeowners who find themselves in this situation are said to be

The reservation value of a seller reflects her ________

A) willingness to pay for using a resource B) marginal cost C) marginal revenue D) total cost

The International Monetary Fund, one of the Bretton Woods Institutions,

(a) was meant to provide short-term credit. (b) was meant to provide long-term credit. (c) was meant to provide both short- and long-term credit. (d) was not meant to provide credit.