The Depository Institutions Deregulation Monetary Control Act of 1980
A. enhanced the distinction between banks which are members of the Federal Reserve System and those which are not.
B. requires thrift institutions to be subject to the same limitations upon the creation of checkable deposits as are commercial banks.
C. prohibited thrift institutions from offering checkable deposits.
D. reduced the degree of competition between commercial banks and the thrift institutions.
B. requires thrift institutions to be subject to the same limitations upon the creation of checkable deposits as are commercial banks.
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By using all available information as they act to achieve their goals, these investors are exemplifying the economic idea that A) people are rational. B) people respond to economic incentives. C) optimal decisions are made at the margin. D) equity is more important than efficiency.
What are price shocks? Why were they not included in the original formulation of the Phillips curve? Why were they added to the modern Phillips curve?
What will be an ideal response?
If the acceptance of Project A makes it impossible to accept Project B, these projects are:
a. contingent projects b. complementary projects c. mutually inclusive projects d. mutually exclusive projects e. none of the above
If total profit is at a maximum, then average profit is zero
a. True b. False Indicate whether the statement is true or false