An economic system in which ritual, habit, and custom dictate most economic and social behavior

A key reason that Congress established the Fed to act as a lender of last resort was to prevent ________, the process by which a run on one bank spreads to other banks, resulting in a bank panic

A) contagion B) asset inflation C) moral hazard D) bailouts

Social insurance revenues _____ come from _____

a. primarily; Social Security payroll taxes b. primarily, Medicare taxes c. primarily; Social Security payroll taxes and Medicare taxes d. do not; Social Security payroll taxes