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Author Question: The practice of approving mortgages in order to sell them as mortgage-backed securities is known as ... (Read 125 times)

plus1

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on: Jun 30, 2018
The practice of approving mortgages in order to sell them as mortgage-backed securities is known as ________.
 
  A) originate-to-distribute
  B) principal-agent engineering
  C) predatory lending
  D) a credit default swap

Question 2

In the contemporary U.S. economy, the best example of fiat money would be
 
  A) coins issued by the U.S. Treasury.
  B) deposits at all depository institutions.
  C) deposits at commercial banks, but not deposits at other depository institutions.
  D) Federal Reserve Notes.


ryhom

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

D


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