The leverage ratio for the U.S. banking system in 2007 was about __________ percent

A) two
B) five
C) ten
D) eighteen

C

Economics

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Which of the following is true for a typical firm in a typical cartel?

a. "I can never do better for myself than by following agreed-upon cartel policies." b. "If everyone cheats, I'm better off, and so is everyone else in the cartel." c. "If I alone cheat, I'm better off; if everyone cheats, I'm worse off." d. "If I suspect others are planning to cheat, I'll do best for myself by refraining from cheating."

Economics

Why might the consequences of imposing a tax on harmful fast foods not adhere to theory?

What will be an ideal response?

Economics