A central bank like the Federal Reserve in the United States can help banks survive a bank run by
A) printing money.
B) acting as a lender of last resort.
C) raising the discount rate.
D) increasing the required reserve ratio.
Answer: B
Economics
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In the figure above, how much do the consumers pay in total for the quantity of pizza they buy per day?
A) $100,000 B) $150,000 C) $125,000 D) $50,000 E) None of the above answers is correct.
Economics
The random walk theory implies that stock prices
a. go down, then up, and then down again. b. go up and then down in a predictable pattern. c. follow systematic trends. d. are unpredictable based on past trends.
Economics