What reason do economists believe that megabanks are forming?
A) Megabanks enable economies of scale in information processing which allows them to better serve their customers.
B) Megabanks create economies of scale which allow the banks to make riskier investment and increase profits.
C) Megabanks can compensate for their economies of scale by diversifying into many countries.
D) Megabanks allow investors more opportunities and have continued to grow by using their economies of scale to overwhelm their competition.
A
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What will be an ideal response?
In Figure 5-1 above, if the budget line is BB0 and the natural real GDP is $5300, the structural surplus or deficit is
A) FC. B) AD. C) FA. D) none of the above.
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Indicate whether the statement is true or false.
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Answer the following statement true (T) or false (F)