Actions to lower the probability of a bad outcome ________ its expected cost and these actions are ________.
A) increase; inexpensive
B) decrease; costly
C) decrease; inexpensive
D) increase; costly
B) decrease; costly
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The balance sheet for a commercial bank shows the bank's
a. required reserves as assets and excess reserves as liabilities b. loans as assets and required reserves as liabilities c. loans as assets and demand deposits as liabilities d. demand deposits as assets and loans as liabilities e. excess reserves as assets and required reserves as liabilities
Describe the origins of the Fed and the arguments about the independence of the Fed
Direct finance refers to the flow of funds from savers to borrowers through financial markets
Indicate whether the statement is true or false
Total costs never decrease as output increases
Indicate whether the statement is true or false