During the so-called wildcat banking period in the United States,
a. there was no central authority in the U.S. banking system.
b. abusive banking practices were prevalent.
c. the National Banking System provided bank note security.
d. there was no central authority in the U.S. banking system AND abusive banking practices were prevalent.
d. there was no central authority in the U.S. banking system AND abusive banking practices were prevalent.
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If the CPI declines from one year to the next, then which one of the following statements is not true?
A. The CPI turns negative in the next year. B. There is deflation. C. The inflation rate is negative. D. The average price level is decreasing.
An decrease in quantity supplied is represented by a leftward shift of the supply curve
Indicate whether the statement is true or false
Which of the following statements is incorrect with respect to the 1980s?
A) Corporate financing migrated from the short-term bank loan market to the commercial paper market. B) Money market funds could offer transactions services coupled with a diversified money market investment vehicle at very low costs because of advances in computer technology. C) Specialized monitoring services of commercial banks became more important because of new asset valuation models. D) Innovations in information technology made some small borrowers more "bankable."
If the demand for online banking increases, we would expect to see the
A) supply of workers that produce online-banking services to increase. B) supply of workers that produce online-banking services to decrease. C) demand for workers that produce online-banking services to decrease. D) demand for workers that produce online-banking services to increase.