Which of the following was not a cause of the Great Recession?
a. Excessive use of the "originate-to-hold" strategy.
b.Government incentives to increase home ownership.
c. Government encouragement of creative home-buying strategies.
d. Relaxation of bank underwriting standards.
e. All of the above were causes of the Great Recession.
.A
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At a monopolistically competitive firm's current level of product development, marginal revenue of product development is greater than its marginal cost. The firm will ________
A) sell only new products B) increase product development only if the consumer benefits C) decrease product development D) increase product development
How does the creation of a successful movie influence what, how, and for whom goods and services are produced?
What will be an ideal response?