Deposit insurance creates a moral hazard that depositors have less incentive to monitor their bank.

Of the following, pick the year the U.S. enjoyed a budget surplus

A) 1970 B) 1980 C) 1990 D) 2000 E) 2010

In the 1960s, the United States had ______ incentives for firms to reduce air pollution.

a. no b. few c. many d. too many