The FDIC currently insures each bank account up to what level?
A) $10,000
B) $50,000
C) $250,000
D) $150,000
C
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Refer to Figure 9.2. A movement from point b to point a could be caused by a(n)
A) increase in government spending. B) decrease in the price of oil. C) increase in taxes. D) a massive crop failure.
Use Figure 13.1 above to help with the following question. Why is it true that at every level of output except the first unit, the monopolist's marginal revenue (MR) is below price
What will be an ideal response?
The tax-exempt status of municipal bonds implies that, for private firms
A) the user cost of capital will be higher than otherwise. B) the user cost of capital will be lower than otherwise. C) the marginal product of capital will be lower than otherwise. D) the accelerator will be higher than otherwise.
Suppose new oil reserves are discovered that were not previously known. What happens to the user cost of oil?
A) Decreases B) Increases C) Remains the same D) May increase or decrease, depending on the discount rate