The best way for a government to stop the failure of one bank from turning into a bank panic is to:
A. declare a bank holiday until solvent banks can acquire adequate liquidity.
B. limit the withdrawals of depositors.
C. make sure solvent institutions can meet the withdrawal demands of depositors.
D. provide zero-interest rate loans to all banks regardless of net worth.
Answer: C
You might also like to view...
The shifting or returning of government economic functions to individuals and firms in the economy is known as
a. liberalization. b. intervention. c. competition. d. privatization.
You are ill on the day of the concert for which you had bought tickets almost a month ago. Since you paid almost $40 for the tickets, you are considering whether to go to the concert anyway. Rational choice theory says that you should go to the concert only if:
A. the benefits of going outweigh the $40 dollars plus any additional pains associated with getting out of bed while being sick. B. the benefits of going outweigh the $40 dollars you spent on the tickets. C. the benefits of going outweigh any pains associated with getting out of bed while being sick. D. you feel better.
_____ Act set forth a list of "employers' rights."
A. Both the Taft-Hartley and the National Labor Relations B. Neither the Taft-Hartley nor the National Labor Relations C. The Taft-Hartley, but not the National Labor Relations D. The AFL, but not the Knights of Labor
What is the efficiency factor?
What will be an ideal response?