What is a government-sponsored enterprise?
What will be an ideal response?
A government-sponsored enterprise (GSE) is a one of several types of government-chartered entities.GSEs are divided into two types. The first is apublicly owned shareholder corporation. There are three such GSEs: the Federal NationalMortgage Association ("Fannie Mae"), the Federal Home Loan Mortgage Corporation ("Freddie Mac"), and the Federal Agricultural Mortgage Corporation ("Farmer Mac"). The other type of GSE is a funding entity of a federally chartered bank lending system. These GSEs include the Federal Home Loan Banks and the Federal Farm Credit Banks. The GSEs issue two types of securities: debentures and mortgage-backed securities. Because of credit risk and liquidity, GSEs trade in the market at a yield premium to (i.e., yield greater than) comparable-maturity Treasury securities.
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In the context of Scenario C, the phenomenon in which Janice meets her manager’s expectations by behaving in an irresponsible manner is known as a(n)
A. self-fulfilling prophecy. B. contingency. C. administrative effect. D. flexible process. E. economy of scale.
Test marketing is an inexpensive way to predict whether a new product will be a success
Indicate whether the statement is true or false