A significant increase in the price of a consumer good that has suddenly become much more scarce
What will be an ideal response?
gives everyone an incentive to look for and use substitutes.
Economics
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Recall the Application. Securitization refers to
A) the practice of purchasing loans, repackaging them, and selling them to the financial markets. B) the federal insurance received by home buyers to protect them from declining home values. C) the process used by the Federal Reserve to insure home builders against bank failures. D) the stocks and bonds used as collateral when one financial institution sells mortgages to another financial institution.
Economics
The long run effect of crowd-out effect is _____________.
Fill in the blank(s) with the appropriate word(s).
Economics