An early sign that financial innovation might be leading toward a financial crisis is ________

A) deleveraging
B) a bank panic
C) a credit boom
D) debt deflation

C

Economics

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Describe the changes in the variables that will cause supply for a product to decrease, shifting the supply curve up and to the left

What will be an ideal response?

Economics

What is the difference between marginal product and average product?

A. Marginal product is the additional output that a firm decides to produce for the next quarter based on market conditions. Average product is the average output over the past four quarters. B. Marginal product is the additional output that will be forthcoming from an additional worker, assuming that other inputs are constant. Average product is output per worker, or the total output divided by the number of workers. C. Marginal product is the additional output for every extra dollar paid to workers, assuming that other inputs are constant. Average product is output divided by total wages. D. Marginal product is the additional output that will be forthcoming from building an additional factory. Average product is output per worker, or the total output divided by the number of workers.

Economics