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
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ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter16: Information, Risk, And Insurance
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Economics
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.
Transcribed Image Text:Economics 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.
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