Which of the following accept deposits from or sell shares to the general public? i. money market funds ii. thrift institutions iii. commercial banks
A) i only
B) ii only
C) iii only
D) Both ii and iii
E) i, ii, and iii
E
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The Strong Coase Theroem states that in the absence of transaction costs, the assignment of property rights
a. has a negative effect on how resources are allocated. b. has a positive effect on how resources are allocated. c. has no effect on how resources are allocated. d. does not affect the efficiency of how resources are allocated.
The figure above shows a
A) cross-section graph. B) scatter diagram. C) time-series graph. D) trend diagram. E) slope.
Prospect theory was proposed by:
A. John Nash. B. Milton Friedman and George Stigler. C. Amos Tversky and Daniel Kahneman. D. Gary Becker.
Actions by the federal government that decrease the progressivity of the tax system:
A. decrease the amount of government spending. B. increase the effects of automatic stabilizers. C. increase the amount of taxation. D. decrease the effects of automatic stabilizers.