Author Question: Which of the following best characterizes the federal government's response to the subprime scandal? ... (Read 52 times)

Jkov05

  • Hero Member
  • *****
  • Posts: 556
Which of the following best characterizes the federal government's response to the subprime scandal?
 
  a. A new federal agency was created to regulate mortgage companies, similar to the regulation of banks and savings and loan associations.
  b. The Office of Federal Housing Enterprise Oversight, which monitors Fannie Mae and Freddie Mac, created standards for oversight of mortgage companies.
  c. The regulatory agencies did nothing until 2007 when Congress began to investigate the Mortgage Bankers Association.
  d. The Home Owners' Loan Corporation, first developed in the 1930's, was re-established to assist low-income Americans with home ownership and prevention of foreclosure.

Question 2

Several studies conducted during the past decade have found that when research is sponsored by the pharmaceutical industry, the accompanying reports are significantly more likely to reach conclusions that are favorable to the sponsor of the research
 
  .
  Indicate whether the statement is true or false



ririgirl15

  • Sr. Member
  • ****
  • Posts: 385
Answer to Question 1

C

Answer to Question 2

T



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Many medications that are used to treat infertility are injected subcutaneously. This is easy to do using the anterior abdomen as the site of injection but avoiding the area directly around the belly button.

Did you know?

Astigmatism is the most common vision problem. It may accompany nearsightedness or farsightedness. It is usually caused by an irregularly shaped cornea, but sometimes it is the result of an irregularly shaped lens. Either type can be corrected by eyeglasses, contact lenses, or refractive surgery.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

People who have myopia, or nearsightedness, are not able to see objects at a distance but only up close. It occurs when the cornea is either curved too steeply, the eye is too long, or both. This condition is progressive and worsens with time. More than 100 million people in the United States are nearsighted, but only 20% of those are born with the condition. Diet, eye exercise, drug therapy, and corrective lenses can all help manage nearsightedness.

For a complete list of videos, visit our video library