Banks can effectively choose their regulators by deciding whether to:
A. be a private or public corporation.
B. be chartered at the national or state level.
C. be a member of the Federal Reserve or not.
D. purchase FDIC insurance or to forego the coverage.
Answer: B
You might also like to view...
By how much did the Doha round of negotiations increase the world economy per year?
a. $100 to $150 billion b. $150 to $200 billion c. $200 to $250 billion d. $165 to $385 billion
Which of the following groups believes that the velocity of money is constant in the long run?
A. Supply-side economists. B. Monetarists. C. Keynesians. D. New classical economists.
If the price elasticity of demand is 1.5, and a firm raises its price by 20 percent, the quantity sold by the firm will, ceteris paribus:
A. Rise by 13.3 percent. B. Fall by 13.3 percent. C. Rise by 30.0 percent. D. Fall by 30.0 percent.
Refer to the graph shown. The loss of surplus to consumers resulting from monopoly is:
A. 42.5. B. 20. C. 31.25 D. 11.25.