Deposit insurance has been __________ in achieving its goals of preventing runs and __________
A) successful; protecting small investors
B) successful; protecting large investors
C) unsuccessful; protecting small investors
D) unsuccessful; protecting large investors
A
Economics
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Employers often end up laying off more workers during a recession due to ________
A) higher corporate taxes B) flexible wages C) tight monetary policy D) downwardly rigid wages
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Under the Bretton Woods agreement, the officially determined value of a country's currency is referred to as its
A) GDP. B) par value. C) exchange rate. D) value-to-weight ratio.
Economics