What is a mortgage-backed security?
A share, or part ownership, that you receive back from the bank when you sign a mortgage.
A share, or part ownership, in firms that provide home security systems.
Money you put down on a house you intend to buy.
A share, or part ownership, in a pool of mortgages.
A share, or part ownership, in a home.
An increase in input productivity will
reduce the equilibrium price level, assuming downward flexible prices.
reduce aggregate demand.
shift the aggregate supply curve leftward.
reduce the equilibrium real output.
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