Answer:
<em>The Federal Housing Finance Agency, regulator of Fannie Mae and Freddie Mac, announced that the two mortgage giants will now buy home loans that go into the government's forbearance program just after they close. Fannie and Freddie had not been doing that, and as a result, lending had tightened up dramatically. Fannie Mae and Freddie Mac created a liquid secondary market for mortgages. This meant that financial institutions no longer had to hold onto the mortgages they originated. They could sell mortgages on the secondary market shortly after origination. Selling mortgages freed up funds for creating additional mortgages.</em>
Explanation:
True.
When a government's spending is greater than it's revenues (income) then you accumulate a debt. This is also known as a budget deficit, as deficit means the amount by which a sum of money is too small.
The strategies that Andrew Mellon and Herbert Hoover used in
the 1920’s in promoting economic growth are the following;
-
Herbert Hoover had use the cooperative
individualism strategy
-
Andrew Mellon used the supply side economy
strategy
These are the strategies they use in promoting economy
growth.
Asia is located to the right of Europe.
Africa is located to the south of Europe.
North America and South America is located to the left of Europe.
Hope that helped :)
Yes they do. Buddhist also belief in that.
