An increase in price will increase supply.
Answer the following statement true (T) or false (F)
False
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If the FDIC decides that a bank is too big to fail, it will use the ________ method, effectively ensuring that ________ depositors will suffer losses
A) payoff; large B) payoff; no C) purchase and assumption; large D) purchase and assumption; no
Chess is an example of a
A) game with perfect information. B) game with imperfect information. C) game with incomplete information. D) static game.
In the dictator game:
A. one player (the dictator) divides a fixed prize between himself and another player (the recipient) who is an active participant. B. one player (the dictator) divides a fixed prize between himself and another player (the recipient) who is an passive participant. C. one player (the dictator) must keep a fixed prize all to himself. D. one player (the dictator) must give all of a fixed prize to another player (the recipient) who is a passive participant.
In Ugoland, the money supply is $8 million and reserves are $1 million. Assuming that people hold only deposits and no currency, and that banks hold no excess reserves, then the reserve requirement is
a. 14 percent. b. 12.5 percent. c. 8 percent. d. None of the above is correct.