The three most important financial centers in the world today are New York, London, and Tokyo

Which of the following is held constant when constructing a production possibilities curve?

A) the price level B) the income level C) combination of goods produced D) the amount of total resources used

The rise in bank failures in the late 1980s and early 1990s occurred

a. at Federally-charted banks only. b. because Congress repealed many of the provisions of deposit insurance regulation. c. at state-chartered banks, which are less closely regulated than other banks. d. because the Federal Reserve began to monitor banks less often. e. because they were insured by the Federal Deposit Insurance Corporation instead of state agencies.