In the basic aggregate expenditures model, a decrease in autonomous expenditure

Compared to the U.S. production function, the European production function is

A) lower. B) the same. C) higher. D) lower than the U.S. production function at low levels of employment and higher than the U.S. production function at high levels of employment. E) higher than the U.S. production function at low levels of employment and lower than the U.S. production function at high levels of employment.

In the United States, which of the following safety precautions has the government NOT taken to reduce Bank failures?

A) implemented deposits insurance B) bank reserve requirements C) capital requirements and asset restrictions D) required bank examination E) forcibly closing poorly run banks