With ATMs, it is possible to retrieve cash from the bank at any time. One hundred years ago, one could only get cash from the bank during business hours, say, 9 am to 3 pm. The present availability of 24-hour service has arisen because:
A. the cost of providing 24-hour service is much lower today.
B. government forced banks to become more convenient.
C. flexibility was not valued 100 years ago.
D. it was impossible to provide 24-hour service 100 years ago.
Answer: A
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A) were capable of identifying and correcting market failures. B) were capable of identifying and correcting the excesses of economic populists. C) should enact orthodox stabilization plans. D) could control the terms of trade. E) Both A and D.
Who among the following is a discouraged worker?
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What will be an ideal response?
Explain the relationship between coupon rate (or coupon yield) and current yield.
What will be an ideal response?