Which of the following is an example of a company whose stock showed evidence of a price bubble?

Which one of the following is an example of discretionary fiscal policy used to correct an inflationary gap?

A) an increase in government expenditures approved by Congress B) decrease in the money supply by the Federal Reserve C) a tax increase passed into law by Congress D) an agreement among major banks to lower interest rates

Which of the following is true of the FDIC?

a. It controls the operations of all commercial banks in the U.S. b. It exists only in the countries of North America and Europe. c. It covers depositors against losses up to $500,000 in a bank account. d. It is a federal agency that insures bank deposits in commercial banks. e. It is a financial institution that uses cost-plus pricing.