Mortgage-backed securities are groups of mortgages that are bundled together and sold to investors

Indicate whether the statement is true or false

TRUE

Economics

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If nominal wages are downwardly rigid, a countercyclical policy during a recession leads to ________

A) a fall in consumption B) an increase in tax rates C) an increase in employment D) a fall in investment

Economics

More firms produce MP3 players or electronics workers' wages rise? (Draw the diagrams!)

What will be an ideal response?

Economics