The occurrence of bank failures in the United States
a. ended after 1933 and the creation of the FDIC.
b. increased dramatically during the Clinton administration.
c. reappeared in intensity in the late 1990s and early 2000s.
d. reappeared in the 1980s and early 1990s and again in 2006.
d
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In the aggregate expenditures model, if aggregate expenditures (AE) are less than GDP, then GDP decreases
a. True b. False Indicate whether the statement is true or false
All of the following are examples of stock variables except one. Which one?
a. The amount of currency in circulation b. The amount of money earned each week c. The amount of money needed to construct a new building d. The amount of money in a person's savings account e. The amount of money at the Fed
Production indifference curves bow inward toward the graph's origin because of
a. the law of diminishing returns to a single input. b. the law of diminishing marginal returns to scale. c. constant returns to scale. d. minimizing costs in the short run.
Suppose you sell a kayak for $600, but you were willing to sell it for $450 . The buyer was willing to pay $650 . The total surplus is $200
a. True b. False Indicate whether the statement is true or false