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How do CMOs increase the availability of mortgage funds?
Price
The monetary value assigned to a product or service, determined by various factors including supply, demand, and production costs.
Diagram
A simplified drawing or plan that represents facts, figures, or ideas through symbols, shapes, or lines.
Equilibrium Price
The cost at which the amount of a product sought by consumers matches the amount available from suppliers, leading to equilibrium in the market.
Demand Curve
A graph showing the relationship between the price of a good and the quantity of that good consumers are willing and able to purchase, typically depicting a downward slope.
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