Microeconomic topics include the overall unemployment rate in the United States and the rate of inflation

Subprime mortgages are:

a. Mortgages loans to individuals who have lower credit ratings than would normally be approved by mortgage originators. b.Mortgage loans that were correctly underwritten but encountered problems in the securitization process. c. Mortgages that are healthy but not ready to be securitized. d. Mortgages that carry interest rates below the U.S. prime rate. e. None of the above.

A creative response to regulations can be described as

A) conforming to the letter of the law but undermining its spirit. B) totally conforming to the law. C) completely ignoring the law. D) none of the above.