Refer to the scenario above. The retailer adds a value of ________ to the production process

Using income tax revenue to fund the welfare system illustrates the conflict between efficiency and equality

a. True b. False Indicate whether the statement is true or false

During the financial crisis of 2007–2009, the interest rate on mortgage-backed securities had

A. increased and the Treasury interest rate had risen. B. increased and the Treasury interest rate had fallen. C. decreased and the Treasury interest rate had risen. D. decreased and the Treasury interest rate had fallen.