Freddie Mac and Ginnie Mae Were Organized to Provide

question 66

Multiple Choice

Freddie Mac and Ginnie Mae were organized to provide

• A) a primary market for mortgage transactions.
• B) liquidity for the mortgage market.
• C) a primary market for farm loan transactions.
• D) liquidity for the farm loan market.
• E) a source of funds for government agencies.

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Definitions:

Coolers

Insulated containers used to keep drinks and food cool.

Radios

Radios are devices that receive broadcast signals, converting them into audio sound waves for information and entertainment.

Opportunity Cost

Opportunity cost is the value of the next best alternative forgone as the result of making a decision.

Comparative Advantage

The ability of an individual, company, or country to produce a good or service at a lower opportunity cost than its competitors.