Due to the existence of the FDIC, banks
A) have not changed their behavior even with the existence of insurance.
B) are no longer concerned about net worth.
C) become more cautious in making loans.
D) may make riskier loans knowing that their depositors are insured.
D
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If the price of papayas is 12 baht in Thailand and the exchange rate is 30 baht per dollar, then what is the dollar price of papayas?
A) $0.40 B) $2.50 C) $2.90 D) $26.00
When does a price searcher's marginal revenue curve lie below its demand curve?
A) At all times, since this is the definition of a price searcher B) When it cannot confine price reductions to the new sales it's trying to attract by lowering its price C) When it is producing more than the net revenue maximizing quantity D) When its marginal cost curve is rising E) When the demand curve slopes downward to the right
The equal wealth and income distribution in the U.S. during its antebellum period can be clearly linked to its system of private property rights over land and minerals
Indicate whether the statement is true or false
Which of the following assets is almost riskless?
A) Common stocks B) Long-term corporate bonds C) U.S. Treasury bills D) Long-term government bonds E) Apartment buildings