What are "mortgage-backed securities"?
A. Company stock shares for financial institutions that lend to home buyers.
B. Bonds backed by mortgage payments.
C. Treasury bills and savings bonds that banks sold to maintain liquidity during the mortgage
default crisis.
D. Insurance against mortgage loan defaults.
B. Bonds backed by mortgage payments.
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In what way(s) do the development paths chosen by Pakistan and Bangladesh differ? What are the main factors that have contributed to these differing paths?
What will be an ideal response?
The SSS Co has a patent on a particular medication. The medication sells for $1 per daily dose and marginal cost is estimated to be a constant at 20ยข
Assuming linear demand and marginal cost curves, use this information to estimate the deadweight loss from monopoly pricing if the firm currently sells 1,000 doses per day. Can this loss be justified?