During the real estate boom of the early 2000s, some banks operated with leverage ratios in excess of 30-to-1
a. True
b. False
Indicate whether the statement is true or false
True
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Explain Tobin's idea of "Don't put all your eggs in one basket."
What will be an ideal response?
To enforce the optimum level of emissions a government could set an emissions standard at the quantity
A) where the MSB curve crosses the MCA curve. B) located at the vertical intercept of the MSB curve. C) located at the horizontal intercept of the MSB curve. D) located at the vertical intercept of the MCA curve. E) located at the horizontal intercept of the MCA curve.
A change in which of the following would change the slope of line C?
a. demand
b. marginal propensity to consume
c. investment
d. disposable income
Refer to the table below and information. What project should the government select to achieve the maximum net benefit?
Assume that a government is considering a new social program and may choose to include in this program any number of four progressively larger projects. The marginal cost and the marginal benefits of each of the four projects are given in the table.
A. A
B. B
C. C
D. D