What role did the Reconstruction Finance Corporation play in the banking collapse of the early 1930s?
a. It provided loans to troubled banks.
b. It provided insurance for consumer deposits.
c. Its new regulations forced undercapitalized banks out of business.
d. Its failure sparked a widespread run on bank deposits.
a. It provided loans to troubled banks.
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For a monopoly,
a. price and output are closely-linked choices b. marginal revenue always exceeds marginal cost c. price always exceeds average total cost in the short run d. price is set independently from the output decision e. price is always the highest that the market will bear
Airlines can use marginal analysis to set ticket prices, which can increase profits for the company.
Answer the following statement true (T) or false (F)
Assume that the population is 200 million, the labor force is 100 million, and 90 million people are employed. Then, the unemployment rate is
A. 4.5%. B. 5%. C. 9%. D. 10%.
The percentage of people without health insurance at some time during 2014 was
A. 76%. B. 2%. C. 17%. D. 8%.