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Author Question: Recall the Application. The loans made to borrowers who have a limited ability to actually repay ... (Read 122 times)

tatyanajohnson

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on: Jun 29, 2018
Recall the Application. The loans made to borrowers who have a limited ability to actually repay their mortgages are known as
 
  A) no-fault loans. B) stimulus loans. C) bankruptcy loans. D) subprime loans.

Question 2

Suppose that the U.S. government acquires more foreign currency. This change is entered into which of the balance of payments accounts?
 
  A) current account
  B) capital and financial account
  C) official settlements account
  D) reserves account
  E) trade account


Jane

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


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