Which of the following statements about banks is correct?
a. Regulation requires that banks maintain a minimum amount of assets.
b. Regulation requires that banks maintain a minimum amount of net worth.
c. Regulation requires that banks maintain a minimum amount of liabilities.
d. Regulation requires that banks maintain a minimum amount of insurance.
b. Regulation requires that banks maintain a minimum amount of net worth.
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When the price level rises there is a ________ the aggregate demand curve
A) movement down along B) rotation of C) rightward shift of D) leftward shift of E) movement up along
Refer to the above figure. If the economy is currently operating at point C, then there is
A) a stable long-run equilibrium situation. B) a recessionary gap. C) an inflationary gap. D) unemployment.
Vertical contracts between manufacturers and retailers often aim to
a. Incentivize the retailers to undertake costly activities, which they otherwise may not realize the full benefits of on their own b. Reward the manufacturer for undertaking the risk inherent in introducing a new product c. Serve as a "signal" of the retailer's belief of the likely success of his product d. All of the above
Life expectancy at birth for the world rose from 24 years to 26 years between 1000 and 1820, but by 2003, life expectancy had risen to
What will be an ideal response?