A "banker's bank" is another name for

A) a financial intermediary.
B) a government bank.
C) a central bank.
D) the Federal Depository Insurance Agency.


C

Economics

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Which of the following was NOT a reason given for opposing the renewal of the charters of the Banks of the United States?

(a) The Banks of the United States made too many bad loans. (b) The Banks of the United States were unconstitutional. (c) The Banks of the United States hindered the development of private banks. (d) The Banks of the United States were owned, in part, by foreign investors.

Economics

Suppose new research shows that soy milk and other products derived from soybeans provide more health benefits than previously thought. At the same time, drought conditions result in extensive damage to the soybean crop

What will be the combined impact of these two factors on the equilibrium price and quantity of soybeans? A) Price will decrease, but the effect on quantity is indeterminate. B) Price will increase, but the effect on quantity is indeterminate. C) Quantity will decrease, but the effect on price is indeterminate. D) Quantity will increase, but the effect on price is indeterminate.

Economics

Which of the following is a merit good in the United States?

a. defense b. public libraries c. churches and synagogues d. interstate highways e. personal contributions to a cancer fund

Economics

As a result of an increase in the earnings gap between skilled and unskilled jobs, the incentive to get a college education has been declining

a. True b. False Indicate whether the statement is true or false

Economics