23-13 FNMA Does Not Hold the Mortgages It Purchases on Its

question 94

True/False

23-13 FNMA does not hold the mortgages it purchases on its balance sheet,thereby transferring credit and default risk to investors purchasing its securities.

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Definitions:

Expiratory Reserve Volume

The maximum volume of air that can be forcibly exhaled after the completion of a normal, quiet exhalation.

Total Lung Capacity

The maximum amount of air the lungs can hold, including inspiratory and expiratory reserve volumes and the tidal volume.

Capillaries

The smallest blood vessels in the body, which facilitate the exchange of water, oxygen, carbon dioxide, and many other nutrient and waste substances between blood and surrounding tissues.

Alveoli

Clusters of air sacs in which the exchange of gases between air and blood takes place; located in the lungs.