QUESTION 12

What are subprime mortgages?

		Loans provided to risk-free borrowers
		Stock provided to risky borrowers
		Loans provided to risky borrowers
		Stock provided to risk-free borrowers

5 points

QUESTION 13

What are financial crisis?

		When markets are working efficiently and conservatively
		When markets are working erratically and inefficiently
		When markets are working efficiently and erratically
		When markets are working inefficiently and conservatively

5 points

QUESTION 14

What is a bailout?

		"A method to restore the gains incurred by one or more economic agents, usually with taxpayer money"
		"A method to restore the gains incurred by one or more economic agents, usually without taxpayer money"
		"A method to restore the losses suffered by one or more economic agents, usually without taxpayer money"
		"A method to restore the losses suffered by one or more economic agents, usually with taxpayer money "