The agency that was created to protect depositors after the banking failures of 1930-1933 is the
A) Federal Reserve System.
B) Federal Deposit Insurance Corporation.
C) Treasury Department.
D) Office of the Comptroller of the Currency.
B
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Which of the following is true of bank reserves held at the Fed?
A) These reserves are a liability to the bank and an asset to the Fed. B) These reserves are a liability to both the bank and the Fed. C) These reserves are an asset to the bank and a liability to the Fed. D) These reserves are an asset to both the bank and the Fed.
Which of the following is infrastructure?
a. Highways. b. Bridges. c. Airports. d. All of these.
Lower interest rates motivate:
A. firms to invest less in new factories and working capital. B. firms to invest more in new factories and working capital. C. individuals to spend less on consumption goods. D. individuals to spend less on capital goods.
The number of workers hired by a monopsonist that is facing a union is
a. equal to the competitive labor market number of workers b. greater than the competitive labor market number of workers c. greater than the number of workers if the monopsonist were not facing a union d. less than the number of workers if the monopsonist were not facing a union e. the same as the number of workers if the monopsonist were not facing a union