World Bank research on the effects of deposit insurance concludes that
A) adoption of deposit insurance will promote stability and efficiency in the banking systems of emerging-market economies.
B) adoption of explicit government deposit insurance is associated with a higher incidence of banking crises.
C) adoption of deposit insurance has the greatest benefits in countries that have weaker institutional environments.
D) none of the above are true.
B
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Which of the following is true regarding credibility and culture?
a. Every culture values an emotional speaker. b. All cultures value an expressive speaker. c. Age is respected regardless of culture. d. Being of the same cultural background as your audience gives you an advantage.
A weakness of the PE approach to valuing stock is that it is
A) difficult to estimate the constant growth rate of a firm's dividends. B) difficult to estimate the required return on equity. C) difficult to predict how much a firm will pay in dividends. D) based on industry averages rather than firm-specific factors.
Mr. Taylor purchased furniture for his office for a total of $1,109.46 including 6.25% in sales tax. How much was the furniture before the tax?
A) $1,404.12 B) $1,044.20 C) $1,004.20 D) $1,040.12
Rachel is applying to be a trial stenographer in the federal courthouse. She was told by friends to anticipate taking a number of employment tests at the interview
Which of the following tests would NOT be useful to her prospective employer? A) performance test B) polygraph test C) personality test D) ability test E) drug test