The key issue in determining the efficiency of public versus private ownership of a monopoly is
a. the tendency for efficient management of publicly owned enterprises.
b. the inability of private monopolies to get rid of managers that are doing a bad job.
c. the propensity of private monopolies to generate excessive profits.
d. how ownership of the firm affects the cost of production.
d
Economics
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The Volcker Rule addresses the off-balance-sheet problem involving
A) trading risks. B) selling loans. C) loan guarantees. D) interest rate risks.
Economics
Suppose bank A has assets of 100, liabilities of 60, and capital of 40. Its leverage ratio is
A) 1.5. B) 2.5. C) 0.6. D) 0.4.
Economics