The process of bundling loans together and buying and selling these bundles in a secondary financial market is called Select one: a. open market operations. b. fractional reserve lending. C. seigniorage. d. securitization.
The process of bundling loans together and buying and selling these bundles in a secondary financial market is called Select one: a. open market operations. b. fractional reserve lending. C. seigniorage. d. securitization.
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter16: Information, Risk, And Insurance
Section: Chapter Questions
Problem 8RQ: What are some ways that someone looking for a loan might reassure a bank that is faced with...
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