What Do Fannie Mae and Freddie Mac Have in Common

question 197

Multiple Choice

What do Fannie Mae and Freddie Mac have in common?

• A) They are both government-sponsored mortgage lenders.
• B) They are both investment banks.
• C) They are both pension funds.
• D) Both firms went out of business in the 2008 financial crisis.
• E) Both firms issue bonds on behalf of the government.

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Definitions:

Alternative Work Arrangement

Employment arrangements that differ from traditional workplace settings or schedules, including remote work, flextime, job sharing, and compressed workweeks.

Work Sharing

A strategy that allows employees to split duties and hours, aimed at reducing layoffs and improving flexibility.

Pending Layoff

A situation where employees are at risk of losing their jobs due to organizational changes, but final decisions have not yet been made.

Contingency Workers

Individuals employed on a temporary or contractual basis, as opposed to permanent, full-time employees, to provide flexibility in workforce management.