Mortgages issued to individuals with low incomes and poor credit history are called
A) credit mortgages.
B) teaser mortgages.
C) subprime mortgages.
D) income mortgages.
C
Economics
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When is the unemployment rate zero?
A. Right after a recession ends B. Never C. When GDP growth is at its peak D. Right before a recession starts
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Using a marginal revenue (MR)/marginal cost (MC) line graph, what is the point at which a monopoly will maximize its profits?
a. MR = MC b. MR > MC c. MC > MR d. MC < MR
Economics