At what stage of the securitization process was moral hazard a major problem?
a. Mortgage origination.
b.Due diligence and mortgage servicing.
c. Rating securitized issues.
d. All of the above
.D
Economics
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A White House proposal to increase infrastructure spending on roads, rail lines and runways is an example of
A) expansionary fiscal policy. B) insourcing policies. C) automatic stabilization. D) contractionary fiscal policy.
Economics
Explain how the economy moves back to full employment from recession. Be sure to detail what happens to short-run aggregate supply, unemployment, equilibrium GDP and the price level
What will be an ideal response?
Economics