The largest percentage of banks' holdings of securities consist of
A) Treasury and government agency securities.
B) tax-exempt municipal securities.
C) state and local government securities.
D) corporate securities.
A
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Unemployment in the United States varies considerably over time.
Answer the following statement true (T) or false (F)
What is the rationale behind empiricism in economic analysis?
What will be an ideal response?
Excess burden is largest with
A. lump-sum taxes. B. unit taxes. C. no taxes. D. all of these answer options are correct.
Product differentiation
A) is possibly welfare enhancing if new products match consumer preferences better. B) is welfare reducing even if new products match consumer preferences better. C) is welfare enhancing even if new products do not match consumer preferences better. D) is welfare reducing even if new products do not match consumer preferences better.