Consumer surplus measures the value between the price consumers are willing to pay and the:
a. producer surplus price. b. deadweight gain price.
c. actual price paid. d. preference price.
c
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The FDIC fee system encourages depository institutions to
A) make riskier loans than they would otherwise. B) operate their institutions in too conservative a fashion. C) seek only a modest rate of return. D) reject loans that probably would have been profitable.
Investors must rely on stockbrokers to give detailed, day-to-day reports on stocks and bonds
a. True b. False Indicate whether the statement is true or false
The huge wave of conglomerate mergers took place during the decade of the ___________.
Fill in the blank(s) with the appropriate word(s).
Since the 1950s
A) the United States has not experienced a business cycle. B) U.S. business cycle fluctuations have becomes more volatile. C) U.S. business cycle fluctuations have become milder. D) U.S. business cycle fluctuations have not changed.