Financial deregulation and innovation in the United States has greatly ________ the variety of financial market instruments savers can choose from and has also ________ the dominance of banks among the financial intermediaries
A) reduced, increased
B) reduced, reduced
C) increased, increased
D) increased, reduced
D
You might also like to view...
An open market purchase, a decrease in the discount rate, and a decrease in the reserve requirement would shift the aggregate demand curve rightward
Indicate whether the statement is true or false
HAC standard errors and clustered standard errors are related as follows:
A) they are the same B) clustered standard errors are one type of HAC standard error C) they are the same if the data is differenced D) clustered standard errors are the square root of HAC standard errors
When motorcycles are taxed and sellers of motorcycles are required to pay the tax to the government,
a. the quantity of motorcycles bought and sold in the market is reduced. b. the price paid by buyers of motorcycles decreases. c. the demand for motorcycles decreases. d. there is a movement downward and to the right along the demand curve for motorcycles.
According to proponents of the signaling theory of education,
a. schooling has no real productivity benefit. b. no one person finds it easier to earn a college degree than does any other person. c. the human-capital view of education is entirely correct. d. employers send signals to young people to persuade them to expend whatever effort is necessary to earn college degrees.