The major protection against a sudden mass attempt to withdraw cash from banks is the
deposit insurance provided by the FDIC
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The primary means of rationing goods and services in a market system is through
a. the pricing system. b. rationing coupons. c. government allocation. d. food stamps.
The owner of a recently built cruise ship is deciding how to price its rooms. What advice would you give the owner?
a. Since MR
If both market demand and supply increase simultaneously, then equilibrium quantity will (be) ____ and equilibrium price will (be) ____
a. indeterminate; decrease b. increase; increase c. increase; indeterminate d. decrease; decrease
The 'WHAT goods and services does the US produce' question can best be answered using data about which of the following?
A. The distribution of output in markets, specifically among manufacturing, services, and agricultural sectors. B. Per capita GDP. C. The distribution of GDP among different income quintiles. D. Productivity.