Small-denomination time deposits are less than
A) $1,000. B) $1 million. C) $100,000. D) $10,000.
C
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With respect to diffusion of responsibility, the diffusion effect is always greater than the size effect
Indicate whether the statement is true or false
The most prevalent market structures in the U.S. economy are perfect competition and monopolistic competition
Indicate whether the statement is true or false
Which of the following demonstrates that policymakers cannot know the outcome of their decisions without knowing the public's expectations of them?
A) traditional Keynesian theory B) Post Keynesian theory C) real business cycle theory D) new classical theory
The difference between cost-of-service regulation and rate-of-return regulation is that
A) the former sets prices based on actual costs, and the latter focuses on setting prices such that the firm earns a normal rate of return. B) the latter sets prices first, and then the firm must keep costs in line if it wants to earn a profit, and the former sets price high enough to cover costs. C) the former uses marginal cost pricing and the latter uses average cost pricing. D) the former uses average cost pricing and the latter uses marginal cost pricing.