Banks will be examined at least once a year and given a CAMELS rating by examiners. The L stands for

When the efficient quantity of output is produced

A) the marginal social benefit of the last unit produced is equal to the marginal social cost of the last unit produced. B) the sum of consumer surplus and producer surplus is maximized. C) resources are used in the activities in which they are most highly valued. D) All of the above answers are correct.

The equilibrium price in the money market is the:

A) inflation rate. B) exchange rate. C) interest rate. D) none of the above.