The use of deposit sweeping allows banks to:
A. reduce the amount of required reserves they must hold.
B. pay higher rates of interest than are allowed by law.
C. pay less for FDIC insurance.
D. weed out less profitable deposits.
Answer: A
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Refer to Figure 4.7. You will receive a payoff of -5 points if you ask for points and so do ________ of your classmates
A) 3 B) 4 C) 5 D) none of the above
Of the following high-income countries, which has the highest number of CT scanners per 1 million population?
A) Canada B) Japan C) the United Kingdom D) the United States
According to most economists,
A. command-and-control regulations work better than incentive-based regulations. B. incentive-based regulations work better than command-and-control regulations. C. command-and-control regulations have about the same effectiveness as incentive-based regulations.
The number of unemployed divided by the labor force equals
A. the labor force participation rate. B. the inflation rate. C. the misery index. D. the unemployment rate.