Which of the Following Was T Regarding Sub-Prime Mortgages That

question 172

Multiple Choice

Which of the following was t regarding sub-prime mortgages that were popular in 2005-2006?

• A) More than 90% of these loans were made by regulated banks.
• B) Bankers expected higher default rates on these loans.
• C) They were generally fixed rate loans.
• D) all of the above

---

Definitions:

MRP Schedule

Refers to the schedule showing the relationship between the marginal revenue product (MRP) of labor or another input and the amount of the input employed, underpinning decisions in factor markets.

Derived Demand

The demand for a factor of production or intermediate good that occurs as a result of the demand for another good or service.

Derived Demand

Demand for a factor of production or intermediate good that occurs as a result of the demand for another good or service.

Resource

An asset or input that is utilized in the production of goods and services, often categorized into natural, human, and capital resources.