The larger the leverage ratio of a bank,
A) the greater the proportion of its deposits that are fully insured.
B) the smaller the proportion of its deposits that are fully insured.
C) the thicker its cushion against failure.
D) the thinner its cushion against failure.
C
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Classical unemployment can be caused by which of the following?
A. Minimum wage laws B. Bargaining by unions C. Efficiency wages D. All these create classical unemployment.
Disposable income is obtained by
a. subtracting personal income taxes from personal income. b. subtracting personal income taxes from national income. c. adding transfer payments to national income. d. adding transfer payments to personal income.
Paper money is printed at the _______________________, but it is issued to commercial banks by the ______________________________
A) Bureau of Engraving and Printing; FOMC B) U.S. Mint; 12 Federal Reserve District Banks C) Federal Reserve building in Washington; D.C., U.S. Treasury D) Bureau of Engraving and Printing; 12 Federal Reserve District Banks E) none of the above
Getting an annual flu shot is a way to reduce the chances of not only contracting influenza, but also spreading it to other people. In this sense, getting an annual flu shot is reducing ________ of spreading a contagious disease
A) positive externalities B) negative externalities C) the private benefit D) the social benefit