During the financial crisis of 2007-2009 the interest rate spread on mortgage-backed securities over Treasury bills
a. increased tremendously.
b. increased moderately.
c. decreased moderately.
d. decreased tremendously.
a
Economics
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An economic profit of zero indicates a satisfactory situation for the firm
a. True b. False Indicate whether the statement is true or false
Economics
The more elastic the demand, the less consumers will respond to a change in price
a. True b. False Indicate whether the statement is true or false
Economics