Which of the Following Statements Is FALSE

question 40

Multiple Choice

Which of the following statements is FALSE?

• A)Mortgage-backed securities,such as GNMAs,are pass-through securities.That is,each security is backed by an underlying portfolio or pool of mortgages.
• B)The Government National Mortgage Association (GNMA,or "Ginnie Mae")is an example of an enterprise;the Student Loan Marketing Association ("Sallie Mae")is an example of a government-sponsored agency.
• C)Sovereign debt is debt issued by national governments.
• D)Agency securities are issued by agencies of the U.S.government or by U.S.government sponsored enterprises.

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Definitions:

-Blast

A suffix used in biology to denote an immature or embryonic cell that is capable of developing into a specific type of cell.

Multiply

The process of increasing in number, especially the mathematical operation of adding a number to itself a certain number of times.

Encapsulated

Surrounded by a protective layer or capsule, often referring to the way certain bacteria or benign tumors are contained.

Cachexia

A complex syndrome associated with severe weight loss, muscle wasting, and overall weakness, often seen in patients with chronic illnesses.