A Thrift Makes Long-Term Fixed-Rate Mortgages Funded with Short-Term Deposits

question 43

Multiple Choice

A thrift makes long-term fixed-rate mortgages funded with short-term deposits and then interest rates rise. Which of the following is true?

• A) Profitability would decline.
• B) Profitability would increase.
• C) The market value of equity increases.
• D) Interest income would fall.
• E) Both B and C would occur.

Understand the importance of presenting specific, concrete evidence of qualifications in a job application.

Differentiate between various types of résumés and their appropriate contexts.

Describe the purpose and the preparation process of multiple versions of résumés.

Identify common mistakes in creating persuasive job application messages and ways to avoid them.

---

Definitions:

Trade Surplus

Trade Surplus occurs when the value of a country's exports exceeds the value of its imports.

Trade Deficit

A situation where a country's imports exceed its exports during a specific time period, indicating a net outflow of domestic currency to foreign markets.

Imports

The goods and services purchased from other countries.

Foreign Direct Investment

An investment made by a firm or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets.