Deposits held by commercial banks are insured by the:
A) Federal Trade Commission.
B) Federal Deposit Insurance Corporation.
C) Federal Communications Commission.
D) Resolution Trust Corporation.
B
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What is the distinction between a money price and a relative price?
What will be an ideal response?
Government policies to raise the rate of productivity growth include all of the following except
A) improving infrastructure. B) improving forecasts of unemployment. C) helping build human capital by worker training programs. D) encouraging research and development.
One advantage of a money system compared to a barter system is that
A. barter never works. B. money creates the need for banks. C. money is more efficient. D. everyone has money.
How much money would be loaned out if there was no usury law?
