A key objective of a government safety net for the banking system is to ensure ________
A) that the poor have access to bank services
B) an efficient allocation of credit
C) bank profitability
D) that depositors always believe that their money is safe in the bank
D
You might also like to view...
Increased labor demand will result in
A) lower wages. B) more employment benefits. C) higher wages. D) no change in wages.
The mutual relationship between two events is known as ________, and when one event is responsible for the other even happening, this is known as ________
A) causation; correlation B) correlation; causation C) symbiosis; correlation D) causation; symbiosis
Explain why a monopolistically competitive firm would not want to reduce its price all the way to its minimum average total cost even though doing so would allow it to increase sales?
What will be an ideal response?
The money supply is $10 million, currency held by the nonbank public is $2 million, and the reserve—deposit ratio is 0.2. Bank deposits are equal to
A) $1.6 million. B) $2 million. C) $4 million. D) $8 million.