The federal government agency that insures demand deposits for up to $100,000 is the
a. Federal Reserve System
b. Federal Deposit Insurance Corporation
c. Federal Savings and Loan Insurance Corporation
d. Resolution Trust Corporation
e. Bank Insurance Trust Corporation
B
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The IS curve shows the combinations of output and the real interest rate for which
A) the goods market is in equilibrium. B) the labor market is in equilibrium. C) the financial asset market is in equilibrium. D) an increase in output will cause the market-clearing interest rate to be bid up.
Government subsidized scholarships are an example of a government policy aimed at correcting negative externalities associated with education
a. True b. False Indicate whether the statement is true or false
If the marginal cost is increasing over a given output range, the average total cost must increase.
Answer the following statement true (T) or false (F)
Refer to the information provided in Figure 3.15 below to answer the question(s) that follow.
Figure 3.15Refer to Figure 3.15. The current quantity of bags of pretzels supplied is 100. You accurately predict that in this market
A. price, quantity demanded, and quantity supplied decrease. B. price and quantity demanded increase and quantity supplied decreases. C. price tends to remain constant and quantity supplied increases. D. price and quantity supplied decrease and quantity demanded increases.