Bank panics have largely disappeared in the United States because
A) banks are now required to hold a larger fraction of deposits as reserves.
B) of low interest rates.
C) bank loans are more closely monitored by the Federal Reserve.
D) of deposit insurance.
D
Economics
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Last year you earned $45,000 and paid $9,000 in income taxes. This year you earned $60,000 and paid $15,000 in income taxes. What kind of income tax do you face?
A) regressive B) progressive C) proportional D) traditional
Economics
The United States dollar has NOT been officially convertible to gold by international traders since
A) 1930. B) 1944. C) 1971. D) 1995.
Economics