World currency valued against the us dollar

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Q1. The Wall Street Journal once stated regarding Fannie Mae and Freddie Mac that: "Their profit is privatized but their risk is socialized." Identify is it true or not? Explain how these governments did sponsored enterprises play a part in the crisis?

Q2. Defensive medical practice is considered as one of the keys driving up the medical care costs. Which model, the supplier-induced demand (SID) or the McGuire quantity-setting model, is better to elucidate the defensive medicine? Elucidate your answer briefly

Q3. Explain how is world currency valued against the US dollar such as Euro and Chinese?

Reference no: EM139244

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