10-36.Government Sponsored Enterprises Refers To

question 20

Multiple Choice

10-36.Government Sponsored Enterprises refers to:

• A) FNMA and FHLMC
• B) FNMA and GNMA
• C) FHLMC and GNMA
• D) federal credit agencies and state credit agencies

Understand the concept of economic rent in relation to wages and property.

Distinguish between primary and secondary labor markets and their characteristics.

Analyze the impact of minimum wage laws on employment and wages.

Comprehend the relationship between wages, productivity, and economic forces.

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Definitions:

International Gold Standard

A monetary system where the value of a country's currency or paper money was directly linked to gold.

Dollar Value

This refers to the worth or purchasing power of the U.S. dollar, often used in comparison to other currencies.

Assets

Resources owned or controlled by a person or entity that are expected to produce value or economic benefit in the future.

Balance Of Payments

A statement that summarizes a country’s transactions with the rest of the world, including trade, financial transfers, and investments.