Which of the following may NOT help avoid a financial crisis?
A) Maintaining credible and sustainable fiscal policies
B) Regulation and supervision of the financial system
C) Disclosure of timely information to lenders, investors, and depositors about key economic variables such as the central bank's holding of international reserves
D) Immediately bailing out financial intermediaries and standing ready to bail out others in case a financial crisis occurs
E) Maintaining credible and sustainable monetary policies
D
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A mixed economy blends private and public elements.
Answer the following statement true (T) or false (F)
More than a quarter of the population experiences ________ poverty at some point in their lives, perhaps due to losing a job or experiencing sickness or injury.
A. transient B. abject C. chronic D. None of these is true.
The 2011 U.S. distribution of income shows that the top 5 percent of families earn approximately how much income per year?
a. $170,000 and over b. $205,000 and over c. $250,000 and over d. $325,000 and over
When market failure occurs, the role of government is to
A. Do nothing. B. Eliminate markets. C. Push market outcomes closer to the ideal. D. Create an alternative to markets.