What Was Developed in the Early 1980s to Offset Some

question 39

Multiple Choice

What was developed in the early 1980s to offset some of the problems with traditional mortgage pass-throughs?

• A) Variable rate mortgages.
• B) Collateralized mortgage obligations (CMOs)
• C) Leveraged buyouts (LBOs)
• D) Deep discount bonds (DDBs)
• E) High yield bonds.

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Definitions:

Adobe Walls

Walls made from a mixture of earth, water, and organic materials such as straw, shaped into bricks and dried in the sun, used in some building constructions.

Passive Solar System

A design approach that utilizes the sun's energy for the heating and cooling of living spaces by exposure to the sun, without active mechanical systems.

Active Solar System

An energy system that directly uses mechanical or electrical devices powered by sunlight, such as solar panels, to capture and convert solar energy.

Renewable Energy

Refers to energy derived from natural processes that are replenished at a rate faster than they are consumed, such as sunlight, wind, rain, tides, and geothermal heat.