A bank run is:
A. the situation that arises from fear that the bank is in danger of running out of money.
B. when all depositors from a single bank demand to withdraw all deposits at once.
C. when a bank's reserves are not enough to satisfy all withdrawal demands.
D. All of these are true.
D. All of these are true.
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An increase in autonomous consumption ________
A) lowers planned expenditures B) raises equilibrium output for any level of the interest rate C) causes a movement down along the IS curve D) all of the above E) none of the above
Figure 7.4
The above figure represents the marginal utility per dollar for candy bars and oranges for Sophia. The price of each product is $0.50, and Sophia has a budget of $4.Refer to Figure 7.4. If Sophia bases her choice on cognition, she will maximize utility at a marginal utility per dollar of ________ utils for candy bars and ________ utils for oranges.
A. 5; 11 B. 11; 5 C. 5; 5 D. 11; 11
An increase in the overall price level is
A. a price index. B. a recession. C. deflation. D. inflation.
Refer to the information provided in Figure 23.1 below to answer the question(s) that follow.
Figure 23.1Refer to Figure 23.1. At income level ________, this household's saving is greater than zero and this household's consumption is greater than zero.
A. -$200 B. $800 C. $1,000 D. $1,500