A mortgage-backed security is an asset that:
A) only homeowners are allowed to purchase.
B) provides earnings to its owner based on payments made by people on their home loans.
C) the Bank of Canada uses to implement monetary policy.
D) is an important part of the circular-flow diagram.
Correct Answer:
Verified
Q1: Use the following to answer question:
Q5: An economic model:
A)is useful for explaining past
Q6: Use the following to answer questions:
Q8: The financial crisis of 2008-2009:
A) was accurately
Q9: The models used in economics:
A)are always limited
Q10: Before 2000,the mortgage-backed securities market was relatively
Q12: The financial crisis of 2008 showed that:
A)models
Q15: Use the following to answer question:
Q17: The models that economists construct:
A)usually make simplifying
Q19: Use the following to answer question:
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