If you have $2 million in a CD at a commercial bank that is a member of the FDIC, how much of your funds are uninsured?
A) $0
B) $1 million
C) $1.75 million
D) $2 million
C
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Calculations make it clear that for the majority of current retirees, the rate of return on Social Security taxes and benefits was
A. lower than what would have been generated in private stock-market investments. B. greater than what would have been generated in private stock-market investments. C. riskier than what would have been generated in private stock-market investments. D. roughly equal to what would have been generated in private stock-market investments.
An increase in the government's budget surplus means
a. public saving is greater than $0 and increasing. b. public saving is greater than $0 and decreasing. c. public saving is less than $0 and increasing. d. public saving is less than $0 and decreasing.
An ______ is a graphical representation that shows the positive relationship between price and quantity provided.
a. individual supply curve b. individual demand curve c. individual equilibrium curve d. individual surplus curve
Refer to the graph shown. A purchase of shekels by the Israeli government would shift the:
A. supply curve to the left and raise the price of shekels. B. supply curve to the right and reduce the price of shekels. C. demand curve to the right and raise the price of shekels. D. demand curve to the left and reduce the price of shekels.