Author Question: Fannie Mae and Freddie Mac: a. Are government sponsored entities (GSE) b. Have a mandate to ... (Read 101 times)

yoroshambo · **on:** Jun 30, 2018

Fannie Mae and Freddie Mac:
a. Are government sponsored entities (GSE)
b. Have a mandate to develop a secondary market in U.S. mortgages.
c. Suffered severe economic losses and are now under conservatorship.
d. All of the above.

Question 2

If the price of inputs rises and personal income taxes rise:
a. Price index rises, and the change in real GDP is uncertain.
b. Price index falls, and real GDP rises.
c. Price index falls, and real GDP falls.
d. Price index falls, and the change in real GDP is uncertain.
e. The change in price index is uncertain, and real GDP falls.