The belief that the regulators of the U.S. financial system would not tolerate any losses by depositors at large depository institutions is called

A) the too-big-to-fail doctrine.
B) the regulatory capture hypothesis.
C) the lender of last-resort doctrine.
D) corporate banking system welfare.


A

Economics

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Refer to above figure. Given the opportunity to sell at world prices, the marginal (opportunity) cost of selling a ton domestically is what?

What will be an ideal response?

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Suppose the government decided to tighten monetary policy and decrease government expenditures. In the short run in the Keynesian model, the effect of these policies would be to ________ the real interest rate and ________ the level of output

A) lower; decrease B) lower; have an ambiguous effect on C) have an ambiguous effect on; decrease D) raise; decrease

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Growing rice requires extensive irrigation in California. Economists consider water to be a ________ for rice farmers in California.

A. inferior good B. want C. need D. luxury

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