The Federal Deposit Insurance Corporation (FDIC)
A. is used to avert bank panics.
B. was set up in the 1930s.
C. used the "too-big-to-fail" doctrine since the bailout of Continental Illinois.
D. All of these statements are true.
D. All of these statements are true.
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The measured distribution of ________ is a more accurate indicator of the degree of economic inequality than the measured distribution of ________ because ________ data does not include ________
A) income; wealth; wealth; human capital B) wealth; income; income; holdings of real estate C) wealth; income; income; human capital D) income; wealth; wealth; employment information
The ________ is the chief executive body of the European Union (EU)
A) European Parliament B) European Executive Branch C) European Trade Body D) European Commission
A rationale for government involvement in a market economy is
a. markets sometimes fail to produce a fair distribution of economic well-being. b. markets sometimes fail to produce an efficient allocation of resources. c. property rights have to be enforced. d. All of the above are correct.
The long-run aggregate supply curve shifts right if
a. immigration from abroad increases. b. the capital stock increases. c. technology advances. d. All of the above are correct.