The life insurance industry's share of total financial intermediary assets fell from 15.3% at the end of 1970 to 11.5% at the end of 1980 because of

A) poor investment returns in the 1970s.
B) widespread failures of life insurance companies.
C) federal regulations limiting the sale of life insurance.
D) unpredictability of payouts.

A

Economics

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If price increases from $45 to $55, the market quantity supplied increases from 20 units per week to 30 units per week. The price elasticity of supply is

a. 1/2 = 0.5 b. 1.0 c. 11/6 = 1.8333 d. 9/4 = 2.25 e. 2.0

Economics

According to the aggregate supply drawn under the monetarist view, which of the following would lead to a higher price level?

A. The purchase of bonds in the open market by the Fed. B. An increase in the discount rate. C. An increase in the reserve requirement. D. A decrease in the money multiplier.

Economics