Beginning in late 2010, the FDIC sought to increase the public's confidence in depository institutions by
A) eliminating insurance premiums for bank deposits.
B) changing the scope of insurance to banks' assets.
C) lowering insurance premiums for bank deposits.
D) assessing insurance premiums on banks' total liabilities.
D
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When the demand for a good is perfectly elastic, ________
A) total revenue is as large as possible B) the demand curve for the good is vertical C) the price elasticity of demand is infinite D) the price elasticity of demand is zero
Which of the following is not a negative externality?
a. smog b. noise pollution c. substandard housing d. majority voting
What is the marginal cost of the 5th unit?
a. $100 b. $105 c. $110 d. $115
If U.S. consumers decrease their demand for cell phones from Finland, then other things the same Finland's
a. exports and net exports fall. b. exports fall and net exports rise. c. imports and net exports fall. d. imports fall and net exports rise.