Trading in collateralized mortgage obligations (CMOs) takes place in the __________ market between __________
A) primary; specialists
B) organized exchange; dealers
C) over-the-counter; dealers
D) primary; Ginnie Mae and Freddie Mac
C
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If the national debt is strictly an internal debt, then
a. the amount of the debt places a burden on the generation that repays the debt b. the amount of taxes used to pay the interest on the debt equals the interest payments to the bond holders, and there is no national debt burden c. the amount of taxes used to pay the interest on the debt equals the interest payments to the bond holders creating a national interest-created debt burden d. the amount of the debt places a burden on the generation when the debt is incurred because it reduces the amount of consumption e. the amount of taxes used to pay the debt is paid by future generations, which shifts the burden of the debt from the present to the future generation
Use the case of electrical power generation to explain why the energy resource inputs that are used are sometimes low-cost and other times high-cost
What will be an ideal response?