Governments employ three strategies to contain the risks created by government safety nets. These include each of the following, except:
A. government regulation.
B. government supervision.
C. an excise tax on bank profits.
D. formal bank examination.
Answer: C
Economics
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If a bushel of corn sells for $2 in the United States and for 4,000 COP (Colombian peso) in Colombia, and if 1 dollar is worth 2,200 COP, then:
a. the corn is 400 COP more expensive in Colombia. b. the corn is 400 COP cheaper in Colombia. c. the price of a bushel of corn equals $2 in both the United States and Colombia. d. the price of corn is 4,000 COP lower in Colombia than in the United States. e. the price of corn is $0.20 lower in the United States than in Colombia.
Economics
In a strike, what does the union have to lose? What does management lose?
Economics