Suppose bank A has assets of 100, liabilities of 60, and capital of 40. Its leverage ratio is

From which of the following is it least difficult to exclude free riders?

A) A library book B) Landscaping on the edges of urban expressways C) Police protection D) Fireworks displays

In the United States, monetary policy is determined by

A) the Federal Reserve. B) the president. C) private citizens. D) the Treasury Department.