Bank failures in the United States occurred
A. frequently through the 1960s and declined since then.
B. infrequently through the 1960s and have become more common since then.
C. frequently through the 1930s, declined after that time, and became more common in 2008.
D. infrequently through the 1930s, increased after that time, and became less common in 2008.
Answer: C
You might also like to view...
Two countries, Blue Violet and Orange Rose, produce only two goods: teapots and coffeepots. The table above gives their production possibilities. ________ has a comparative advantage in teapots and ________ has a comparative advantage in coffeepots
A) Orange Rose; Blue Violet B) Blue Violet; Orange Rose C) Blue Violet; Blue Violet D) Orange Rose; Orange Rose
When economic profits are positive in a perfectly competitive industry,
a. we would expect the market supply curve to shift to the left as a result. b. we would expect the market supply curve to shift to the right as a result. c. we would not expect any change in the market supply curve to result. d. we would expect that the market demand curve to shift right as a result
Two reasons savers keep deposits at banks are to:
A. secure mortgages and to purchase stocks. B. lower interest rates and to increase the money supply. C. equalize loan supply and demand and to earn interest. D. earn a return on their savings and to facilitate making payments.
Which of the following is an example of an implicit cost that a firm might incur?
A) the out-of-pocket expense to hire resources B) taxes owed to the state and Federal governments C) the rental value of the office space the company owns and uses for itself D) the revenue a firm generates in using its resources