The primary purpose of the FDIC is to reduce the potential for
A) reserve cheating. B) government regulations.
C) excessive interest rates. D) bank runs.
D
You might also like to view...
With a cubic production function of the form Q = aK3L3 + bK2L2, in order for the average and marginal product functions to have their usual theoretical properties, it must be the case that
A. a > 0, b > 0 B. a < 0, b > 0 C. a < 0, b < 0 D. a > 0, b < 0
If a firm perceived that the other firm in an implicit pricing agreement dropped its price in an attempt to gain market share, then its most likely response would be to:
A. merge with the other firm. B. engage in a price war. C. raise price to punish the other firm. D. keep its price the same.
The law of increasing opportunity cost implies that
A) producing additional units of one good results in proportionately smaller reductions in output of the other good. B) producing additional units of one good results in increasing amounts of lost output of the other good. C) the production possibilities curve will be a straight line. D) the society will be producing on its production possibilities curve.
Higher saving rates mean higher future growth rates because
A. saving contributes to less investment, which yields a larger capital stock. B. the banks have more money to distribute to their shareholders. C. saving contributes to more investment, which yields a larger capital stock. D. the interest earned from savings gives you more wealth.