They gave a lot of these mortgage backed-securities AAA rating

What will be an ideal response?

the best of the best, and back when mortgages were only for borrowers with good credit, mortgage debt was a good investment.

Economics

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Joey's lawncutting service recently traded in its push mowers for gasoline-powered mowers. Joey still requires one worker per lawnmower; however, more grass is now cut in the same amount of time as before. This is an example of

A) labor-saving technical change. B) non-neutral technical change. C) neutral technical change. D) organizational change.

Economics

Which component of aggregate demand is most impacted by the foreign trade effect?

a. investment spending b. consumption c. net exports d. government purchases

Economics