Who suffers primarily when the federal government has to bail out a financial intermediary through the deposit insurance system?
A) the bank officers B) the taxpayers
C) the bank shareholders D) the U.S. Treasury
B
Economics
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For the polynomial regression model,
A) you need new estimation techniques since the OLS assumptions do not apply any longer. B) the techniques for estimation and inference developed for multiple regression can be applied. C) you can still use OLS estimation techniques, but the t-statistics do not have an asymptotic normal distribution. D) the critical values from the normal distribution have to be changed to 1.962, 1.963, etc.
Economics
Most countries:
A. protect cartels. B. have laws against firms making agreements about prices or quantities. C. force monopolists to become duopolists. D. protect oligopoly markets.
Economics