When regulators chose to allow insolvent S&Ls to continue to operate rather than to close them, they were pursuing a policy of
A) regulatory forbearance.
B) regulatory kindness.
C) ostrich reasoning.
D) ignorance reasoning.
A
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Which of these qualifies as a "miscellaneous liability" of a bank?
A) repurchase agreements B) negotiable CDs C) transactions deposits D) savings deposits
Which of the following is true of a competitive market? a. The rules of supply and demand do not apply to it
b. Buyers and sellers have little market power. c. Each buyer's or seller's effect on market price is substantial. d. Few sellers offer similar products.
Increases in the value of existing assets are called:
A. investment. B. capital gains. C. saving. D. capital losses.
When trade is free, patterns of trade and trade flows result from
A. the collective decisions of a few importers and exporters, as well as the governments of the countries in which they reside. B. the collective decisions of a few importers and exporters, as well as millions of private households and firms. C. the independent decisions of thousands of importers and exporters, as well as the governments of the countries in which they reside. D. the independent decisions of thousands of importers and exporters, as well as millions of private households and firms.