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In the Early 2000s, Banks Took the Mortgages That They

question 30

True/False

In the early 2000s, banks took the mortgages that they owned, created mortgage-backed securities out of them, and sold them as safe investments.


Definitions:

Fuel Efficiency

A measure of how effectively a vehicle uses fuel, often expressed in miles per gallon (mpg) or liters per 100 kilometers (l/100km).

Scatterplot

A type of graph used in statistics to display values for typically two variables for a set of data, showing the relationship between them.

Gas Mileage

A measure of a vehicle's fuel efficiency, typically represented as miles per gallon (MPG).

Kilowatt-Hours

A unit of energy measurement equivalent to the power consumption of one thousand watts for one hour.

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