Thrift institutions that specialize in mortgage investments and borrow short and lend long are risky
Indicate whether the statement is true or false
T Such mortgage lenders are committed to long rates of interest which they finance with short-term funds, so if short-term rates rise they can lose money.
Economics
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Are bank lines of credit to small firms collateralized?
A) All of them are. B) Some of them are, especially if the firm is risky. C) Some of them are, especially if the firm is safe. D) None of them are.
Economics
Monopsony means a product market with single buyer
a. True b. False Indicate whether the statement is true or false
Economics