The Fed will make a discount loan to a bank during a crisis:
A. but if the bank doesn't have collateral the interest rate is higher.
B. no matter what condition the bank is in.
C. only if the bank would fail without the loan.
D. only if the bank is sound financially and can provide collateral for the loan.
Answer: D
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Research by economists Martin Hackmann, Amanda Kowalski, and Jonathan Kolstad indicates that the individual mandate provision of the Massachusetts health care program was responsible for a(n) ________ in premiums and the mandate helped to ________
premium increases in subsequent years. A) increase; accelerate B) increase; hold down C) decrease; accelerate D) decrease; hold down
For economic efficiency, which of the following conditions should be met?
A. Scarcer goods should have lower prices. B. More abundant goods should have lower prices. C. More abundant goods should have higher prices. D. All goods should have equal prices.
If aggregate demand shifts from AD1 to AD2,
A. both output and the price level will rise.
B. output will rise and the price level will fall.
C. output will rise and the price level will remain the same.
D. both output and the price level will fall.
Which of the following is NOT an example of investment in human capital?
A. a business student's internship B. A mechanic attends a training workshop on a new type of engine. C. Johnny learns how to read. D. a mobile device for work