The FDIC
a. insures most bank deposits for up to $250,000.
b. eliminates the need for bank depositors to run to their bank when they hear bad news about the bank.
c. has been credited with reducing the number of bank failures since 1933.
d. All of the above are correct.
d
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The portion of income which is earned in the form of wages for labor is about
a. 15% b. 35% c. 51% d. 60%
If you have assets that include $50 in cash, a checking account with $135, a savings account with $500, and a jar of coins for laundry of $15.75, how much M1 do you have?
What will be an ideal response?
How do depository institutions balance risk and return?
What will be an ideal response?
A characteristic of the long run is
A) all inputs can be varied. B) there are fixed inputs. C) there are both fixed and variable inputs D) plant capacity cannot be increased or decreased.