A bank run involves
A) a failure by a bank to get the maximum return on its investments.
B) large numbers of depositors withdrawing their deposits within a short period of time.
C) a bank being forced out of business.
D) fraud on the part of a bank's managers.
B
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Which of the following is NOT one of the ways a budget surplus can be used?
A) to allow private saving to fall without any need for a decline in total investment B) to stimulate domestic investment C) to reduce foreign investment D) to increase the amount of borrowing from foreigners
A ______ is a legally binding promise to make specific future payments.
A. stock B. coupon C. bond D. deposit
The smaller U.S. mainframe computer and peripheral equipment manufacturers of the 1960s (the "Bunch") were perfect competitors, since they produced homogenous products and had little control over the market price
Indicate whether the statement is true or false
During the Great Depression in the 1930s unemployment was so bad that nearly _____ of the labor force was unemployed.
A. 1/2 B. 1/5 C. 1/4 D. 1/3