Banks are very important to the U.S. economy because they give us loans and help businesses. How government can affect banks is if the government does not have enough money, they can lower how much money they can put in a bank which could affect loans. The federal government should use credit because it would make it easier for people who don't have enough money to pay for things they need like food, water, and cloths. Another reason is that it would be a little easier for people because they do not have to pay directly but the money would be do at a specific time.
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A group of people who share a culture and a territory is known as a(n)
Soceity
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Subprime mortgages were considered toxic assets because mortgages were bought by investment banks and they bundled them and sold them as securities is True.
<h3><u>Explanation:</u></h3>
Toxic assets are those which can be sold a very low price therefore not making any profit for the seller due to significant drop of value or because they aren’t in demand anymore and cannot be sold in the market. Subprime mortgages were one of the risky investments in the midst of the financial recession.
Subprime mortgages from lenders were loaned to borrowers with no assets, poor credit and sometimes not even an income and sold to investors with regular payments as security. This over securitization was one of the major cause that triggered the financial crisis in 2007-2009 and a decrease in housing demand.
Answer:
The First Amendment guarantees freedoms concerning religion, expression, assembly, and the right to petition. It forbids Congress from both promoting one religion over others and also restricting an individual's religious practices.
We get up at the right time because our senses can detect what time it is
