Average total cost is found by dividing

As the economy nears the end of a recession, which of the following do we typically see?

A) increased spending on capital goods by firms B) further decreases in consumer spending C) increasing interest rates D) all of the above

An international lender of last resort creates a serious moral hazard problem because ________ and other ________ of banking institutions expect that they will be protected if a crisis occurs

A) depositors; debtors B) depositors; creditors C) borrowers; debtors D) borrowers; creditors