The destabilizing effects of defaulting mortgages quickly spread throughout the financial system because those mortgages were involved in widespread:
A. Diversification
B. Securitization
C. Multiplier effect
D. Real-balance effect
B. Securitization
Economics
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The best example of a command socialist economy is:
A) Russia. B) China after 1979. C) Cuba. D) the United States.
Economics
Which group within the National Bureau of Economic Research officially determines whether the economy is in a recession or expansion?
A) The G-4 B) The Business Cycle Dating Committee C) The Business Cycle Governors D) The Turning Point Group
Economics