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Mariulka [41]
3 years ago
11

Define asset-backed security in your own words.​

Business
1 answer:
Bezzdna [24]3 years ago
7 0

Answer:

Asset-backed securities, also called ABS, are pools of loans that are packaged and sold to investors as securities

Explanation:

there you go

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They are protected by the used of a firewall. 
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Assume the economy is operating at less than full employment. An expansionary monetary policy will cause interest rates to _____
adoni [48]

When the economy is not at full employment and an expansionary monetary policy is followed:

  • Interest rates decrease
  • Investment spending increases

When there is an expansionary monetary policy in place, more money is pumped into the economy which means that there are more loanable funds. This increase in the supply of loanable funds will decrease the interest associated with them.

As a result of interest rates being lower, more businesses and people will be able to borrow money and invest in projects thereby increasing investment spending.

In conclusion, there will be an increase in investment spending due to a decrease in interest rates.

<em>Find out more at brainly.com/question/2343055. </em>

7 0
2 years ago
Pablo has purchased several items from a gadget store. As the storekeeper bills the items, Pablo realizes that he does not have
Sergeu [11.5K]

Options:

A. Debit card

B. Loyalty card

C. Fleet card

D. Credit card

Answer: D. Credit card

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A credit card allows its holders to borrow money from financial institutions with the aim of not exceeding the Financial limits. Financial limits are determined by the issuers of the card based on a person's credit history and amount of minimum savings which are expected.

5 0
3 years ago
When all other factors remain the same, the law of demand tells us that: An increase in your income causes you to buy more hambu
PilotLPTM [1.2K]

Answer:

An increase in your income causes you to buy more hamburgers.

Explanation:

An increase in your income causes you to buy more hamburgers.

Option "A" is correct because the increase in income exhibits an increase in purchasing power. Moreover, there is a positive relationship between the income the demand for normal goods which means if the income rises, then the demand rises. If the income falls, then demand for goods also falls. Therefore, option "a" is right.

7 0
3 years ago
An electronic card that serves as an interface to an ATM is known as a ____.
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Answer:

D. debit card​

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A debit card is an electronic card that enables customers to access their bank accounts via an ATM.  An ATM ( Automated Teller Machine) is a banking outlet that allows customers to perform basic banking services such as deposits, withdrawals, transfers, and balance inquiries without stepping into the banking hall.

A customer needs to have their debit card and the PIN to access their bank account via the ATM.

6 0
3 years ago
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