(Credit cards) During 2020 and 2021, the Federal funds rate was close to zero, but average interest rates paid on credit card balances remained quite high, with prime borrowers paying roughly 18-19% on average and even “super-prime” cardholders paying roughly 15% on average. A major reason for these high rates probably was that 

(Asset managers’ functions and structure) Which of the following is not a major feature that keeps private equity fund managers focused on doing a good job for their funds’ investors?

(Credit risk and commercial banks) Fourth Second Bank is a large regional bank headquartered Akron, Ohio. Its consumer lending operations use credit scoring to evaluate and monitor loans. After years of growing loans at the same rate as their peers, they revised their scoring model in 2023. Since then, their annual loan growth rate has been 8% versus 4% for their peers. Given this information, you think

(GSEs and mortgages) Before the Global Financial Crisis of 2007-2009, although many residential mortgages were securitized through the government sponsored enterprises (GSEs) such as FNMA, many others were securitized privately by investment banks such as Merrill Lynch. By contrast, today

True or False? This course does NOT use MyEducator.

Which of the following is true about Stage 4 of the demographic transition model?

You conduct a mark-recapture study of snails by marking 40 snails with spots of paint on their shells.  You recapture a total of 120 snails; 15 of these have marks.  What is the estimated population size using the Lincoln-Petersen method?

Another term for an age structure diagram is

An Essay on the Principle of Population, suggesting dire consequences for human population growth, was written by

A population limited by limits to its food supply is an example of