Examlex
Identify for which claims, if any, support has been given in the following passage; and state in your own words the reasons that have been offered for these claims.
"The California State University trustees showed considerable foresight in their recent unanimous decision to strengthen the system's admission standards. . . ."
"Public high school curricula deteriorated to such a degree throughout the state during the last two decades that English literature included courses in science-fiction and detective stories."
"That's not all. Social studies courses often were reduced to consciousness-raising sessions complete with rock music and feature films." Foreign-language requirements were abandoned, along with several advanced courses in science and math.
"And students could generally earn credits for working after school. . . ."
"[The new standards are] certain to raise the level of education among would-be college students. And that has to be a good thing."
-Chico (Calif.) Enterprise-Record
Mortgage-Backed Security
A type of asset-backed security that is secured by a mortgage or collection of mortgages.
Home Loans
Loans offered by financial institutions to individuals for the purchase of homes, typically secured by the property itself.
Economic Model
A simplified representation of economic processes, used to analyze and predict economic behaviors.
Financial Crisis
A broad term for a variety of situations in which some financial assets suddenly lose a large part of their nominal value, often leading to a collapse of markets and economies.
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