The larger the leverage ratio of a bank,

A) the greater the proportion of its deposits that are fully insured.
B) the smaller the proportion of its deposits that are fully insured.
C) the thicker its cushion against failure.
D) the thinner its cushion against failure.

C

Economics

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Keynesians and monetarists share the belief that

a. recessions are caused by falls in aggregate demand. b. the demand for money is stable. c. excess demand is a chronic problem in modern economies. d. the Federal Reserve is responsible for most recessions. e. stabilization policy is beneficial.

Economics

If the demand curve is vertical, the elasticity is

a. 1.0. b. 0.0. c. 0.5. d. infinite.

Economics