One outcome of the creation of the Federal Deposit Insurance Corporation was the reduction of moral hazard problems
Indicate whether the statement is true or false
F
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Refer to the scenario above. Which of the following is likely to happen if Elly is known to be vengeful?
A) Neither of them will make money. B) Only Elly will make money. C) Only Elly's employee will make money. D) Both Elly and her employee will earn money.
Some countries have inflation around or in excess of 8 percent. Suppose that the sacrifice ratio is 2.5 . What is the cost of reducing inflation from 8 percent to 2 percent? In your answer, define the sacrifice ratio and explain how you found the cost of inflation reduction
If real GDP per person were equal to $2,000 in 1900 and grew at a one percent annual rate, what would be the value of real GDP per person 100 years later?
A. $4,000 B. $2,210 C. $20,000 D. $5,410
One thing oligopolists must do in order to determine their optimal strategy is
A. produce a unique product which has no close substitutes. B. anticipate the reaction of their customers to their strategy. C. ignore the reaction of their customers to their strategy. D. ignore the reaction of their rivals to their strategy.