As a Result of the Fed's Unconventional Purchase of Over

question 72

True/False

As a result of the Fed's unconventional purchase of over $1 trillion of mortgage-backed securities in 2009, interest rates on both mortgage-backed securities and home mortgages increased.

---

Definitions:

Functional Structure

An organizational design that groups employees by their similar skills, resource use, and expertise.

Economies of Scale

The cost advantages that enterprises obtain due to their scale of operation, with cost per unit of output generally decreasing with increasing scale.

Efficient Use

This phrase signifies the optimization of resources or processes to achieve maximum functionality or output with minimum waste or effort.

Shadow Organization

Informal networks and unofficial relationships within a company that influence decision-making and the flow of information beyond the formal organizational structure.