31. The process of taking a large number of loans (such as mortgages) and pack- aging them into one asset that can be bought and sold in the marketplace is referred to as A. Scrutinization B. Secularization C. Securitization D. None of the above 32. Using Okun's Law, if short-run output Yt = -2%, then what would be the current unemployment rate? A. 2% above the natural rate of unemployment B. 1% above the natural rate of unemployment C. 1% below the natural rate of unemployment D. 2% below the natural rate of unemployment 33. Comparing economic outcomes to other financial crises and post-war reces- sions, the Great Recession was A. about the same as other financial crises and about the same as other post-war recessions B. about the same as other financial crises and worse than other post-war reces- sions C. worse than financial crises and about the same as other post-war recessions D. worse than financial crises and worse than other post-war recessions