Chapter 6, Real Estate Markets

1.  What was the main financial structure product cause housing rupture in 2008?
          a. DVD     b.  MSG   c.  WTF  d. CDO
2.  What is the unique locational profile of a real estate site including the quality of its exposure and  
      accessibility to neighboring activities and infrastructure.
         a.  Highest and best use
         b. Situs
         c.  Extraordinary returns
         d.  Efficiency
3.  What was the purpose of establishment for Secondary mortgage market?
         a. Government sponsored enterprise
         b. Mortgage backed security
         c. Mortgage securitization
         d. An American Dream
4.  Alan Greenspan, the former chairman of the Federal Reserve of the United States could
     understand CDO Financial product?
      a.  T
      b.  F
5.  The Federal Reserve is the Federal Government agency?
      a.  T
      b.  F
6.  Real Estate market is perfectly competitive markets?
      a.  T
      b.  F
7.  Do you think the United States is the 100% capitalism nation?
      a.  T
      b.  F
8.  CDO stand for collateralized debt obligation
      a.  T
      b.  F

Answer   d, b, c, b, b, a, b, a,