Bank runs are only a concern under a fractional-reserve banking system

In his Liquidity Preference Framework, Keynes assumed that money has a zero rate of return; thus

A) when interest rates rise, the expected return on money falls relative to the expected return on bonds, causing the demand for money to fall. B) when interest rates rise, the expected return on money falls relative to the expected return on bonds, causing the demand for money to rise. C) when interest rates fall, the expected return on money falls relative to the expected return on bonds, causing the demand for money to fall. D) when interest rates fall, the expected return on money falls relative to the expected return on bonds, causing the demand for money to rise.

Plato and Aristotle both believed that an uneven distribution of income

a. is desirable since it encourages people to work b. creates natural class distinctions c. results in higher rates of economic growth d. leads to political discontent e. is acceptable as long as no one ends up in poverty