Sweep accounts which were created to avoid reserve requirements became possible because of a change in
A) deposit ceilings.
B) technology.
C) government rules.
D) bank mergers.
B
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Opportunity costs arise due to
a. Resource scarcity b. Interest rates c. Limited wants d. Preferences
All but which of the following is a way for unions to increase the demand for their union labor
a. increase the demand for union-made goods b. improve the working conditions for their labor c. restrict the supply of nonunion-made goods d. increase the productivity of union labor e. featherbedding
The population growth rate is 1 percent in Maria’s country and 3 percent in Daniel’s country? Which statement about their countries is most likely true?
a. People in Daniel’s country are generally wealthier than people in Maria’s country. b. Families in Maria’s country have better access to medical care than families in Daniel’s country. c. Women in Maria’s country have lower opportunity costs associated with raising children than women in Daniel’s country. d. Women in Daniel’s country are generally better educated than women in Maria’s country.
Which of the following are examples of situations with negative network externalities?
A. All of the above B. A crowded beach C. Clothing made to order D. A rare work of art