Deposit insurance indirectly helped to create the savings and loan crisis in the United States because
A) depositors were not concerned with the types of investments made because they were insured, while at the same time savings and loans were aggressively investing in risky projects.
B) depositors, believing that the government would not secure their deposits, were very concerned with the types of investments made at savings and loans.
C) the government, without warning, eliminated deposit insurance for savings and loans, thereby causing a run on these institutions.
D) depositors were not concerned with the types of investment made because savings and loans were making very conservative investments.
A
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Indicate whether the statement is true or false
A monopoly can charge any price it wishes, and chooses the
a. highest price b. price equal to marginal cost c. price associated with the output level where MC = MR d. competitive price to keep out potential entrants e. price associated with greatest efficiency