What effect has the presence of federal deposit insurance had on the banking industry?
A. Banks have made riskier loans.
B. Depositors have become more vigilant in monitoring the decisions made by managers of their banks.
C. Banks now hold more excess reserves.
D. Banks have made it more difficult for customers to qualify for loans.
Answer: A
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Between 1960 and 1995, Social Security benefits:
A. decreased from 35 percent down to 10 percent. B. increased from 10 percent to 35 percent. C. increased, decreasing the poverty rate among the elderly from 35 percent down to 10 percent. D. decreased, increasing the poverty rate among the elderly from 10 percent to 35 percent.
According to the U.S. Bureau of Economic Analysis, by the third quarter of 2014, foreign investors had accumulated ________ of U.S. assets.
a. $30.8 billion b. $30.8 trillion c. $24.6 trillion d. $2.46 trillion
Under EPA regulations, a factory
A. must pay for the right to pollute. B. can increase air pollution from its grinding process if it decreases air pollution from its smelting process. C. cannot under any circumstances build a polluting factory in an area where pollution standards are not being met by existing firms. D. can pay off regulators in order to continue operations business as usual.
A tariff is a tax restriction on imported goods.
a. true b. false