The Dodd-Frank bill led to the financial meltdown of 2008
Indicate whether the statement is true or false
False
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Firms rarely offer unlimited warranties on their products, because then their customers would be less careful with upkeep and maintenance. This situation is an example of
a. confiscation of rents. b. a speculative bubble. c. moral hazard. d. the principal-agent problem.
Other things being equal, an increase in the supply of money
A) reduces the amount of money balances. B) reduces aggregate demand. C) generates significant changes in relative prices. D) increases the price level.
Which of the following is not a benefit of the unitary form (Uform) of an organization?
A. Opportunity costs of the time of senior management B. Improved coordination among functional specialists C. Higher level of functional expertise D. Well-defined promotion path
The measure for the actual rate of inflation used in the Taylor rule is the:
A. producer price index. B. consumer price index. C. GDP deflator. D. personal consumption expenditure index.