In comparing the traditional way of structuring mortgages and the newer structure of providing mortgages that securitized them and insured those securities with credit-default swaps, it is clear that the ________ structure increased homeownership rates and that the ________ structure was riskier to the health of the overall economy.
A. newer; traditional
B. traditional; traditional
C. traditional; newer
D. newer; newer
Answer: D
Economics
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Indicate whether the statement is true or false
Economics
The speculative attack on the German mark in 1971 resulted in
A) a large increase in the German monetary base. B) a decline in the value of the mark relative to the dollar. C) a decision to end the floating of the mark against the dollar. D) a large decrease in the German monetary base.
Economics