Which of the following is not a nondepository institution?
A. An insurance company
B. A savings and loan
C. A mutual fund company
D. A pension fund
Answer: B
You might also like to view...
The law of diminishing marginal returns states that
A) as both labor and capital are increased, output increases at a decreasing rate. B) output increases at a decreasing rate as more capital is added. C) output decreases at a constant rate as more capital is added. D) as both labor and capital are increased, output does not change. E) output increases at a constant rate as more capital is added.
Labor productivity increases with technological change. Technological change would be which of the following?
a. a company getting new machines b. advances in pure science, such as the discovery of gravity c. invention and innovation d. government policies funding research and development
A command-and-control policy:
A. usually does not result in the use of the most efficient pollution abatement technology. B. does not affect the production costs of firms. C. usually finds the most efficient pollution abatement technology. D. increases the incentive for firms to develop efficient abatement technologies.
If taxes are $2,000 when income is $15,000 and they are $3,000 when income is $19,000, then the marginal tax rate is:
A. 20 percent B. 25 percent C. 30 percent D. 40 percent