Which of the following was true regarding sub-prime mortgages that were popular in 2005-2006?
a. More than 90% of these loans were made by regulated banks.
b. Bankers expected higher default rates on these loans.
c. They were generally fixed rate loans.
d. all of the above
b
Economics
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Cost-push inflation might initially result from
A) the use of new technology. B) a decrease in the quantity of money. C) an increase in the cost of resources. D) an increase in the quantity of money. E) an increase in government expenditure.
Economics
Which of the following is not a store of value?
a. Dollar bills. b. Credit card. c. Coins. d. Gold.
Economics