In Comparing the Traditional Way of Structuring Mortgages and the Newer

question 37

Multiple Choice

In comparing the traditional way of structuring mortgages and the newer structure of providing mortgages that securitized them and insured those securities with credit default swaps, it is clear that the ____ structure increased homeownership rates and that the ___ structure was safer to the health of the overall economy.

• A)traditional; traditional
• B)newer; newer
• C)traditional; newer
• D)newer; traditional

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Definitions:

Countertrade

A method of trade in which goods or services are exchanged for other goods or services rather than for money.

Equivalent Amount

A value or quantity that corresponds or is considered equal in value, function, or significance to another in a different context or format.

Philippine Corn

A major agricultural crop in the Philippines, important both for domestic consumption and as a component of the country's agricultural exports.

Tariffs

Government taxes on products or services entering a country that primarily serve to raise prices on imports.