One intention of deposit insurance is to reduce the danger of
A. excess lending.
B. excess profits.
C. risky lending.
D. bank runs.
E. All of these responses are correct.
Answer: D
Economics
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When will a decrease in aggregate demand not result in a lower inflation rate in the short run?
What will be an ideal response?
Economics
Which of the following is the most likely side effect of an increase in the relative size of the underground economy with the passage of time?
a. The growth rate of real GDP will tend to understate the growth rate of total output. b. The growth rate of real GDP will tend to overstate the growth rate of total output. c. The GDP deflator will tend to overstate any increase in inflation. d. The GDP deflator will tend to understate any increase in inflation.
Economics