Which one of the following is presently a major deterrent to bank panics in the United States?
A. The legal reserve requirement.
B. The fractional reserve system.
C. The gold standard.
D. Deposit insurance.
D. Deposit insurance.
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If firms have more capital, it is ________ for workers
A) harmful B) ineffective C) beneficial D) unimportant
A firm uses two inputs, A and B. At its optimal choice of input proportions,
A. MRP of A = MRP of B. B. MRPA/PA= MRPB/PB. C. MPP of A = MPP of B. D. All of the responses are correct.
Refer to the information above. In which period does gross investment reach its peak?
A) 1 B) 2 C) 3 D) 4 E) 5
The GDP deflator: a. includes fewer goods and services than the CPI
b. generally rises substantially faster than the CPI during inflationary conditions. c. ignores investment goods and goods produced by the government. d. is the broadest generally reported measure of inflation.