The Federal Deposit Insurance Corporation was created to ensure that savings and loan associations would be guaranteed as safe as banks

The characteristic of games whereby the outcome of the game depends not only on what you do but on what the other players do in response is called

A) strategic interaction. B) mutual interdependence. C) optimal choice analysis. D) decision theory.

In the aftermath of the last financial crisis, critics of monetary policy argued that it was ineffective. The Federal Reserve had moved interest rates to historic lows without a significant stimulus effect. Some economists wondered if the United States was:

a) undergoing simultaneous increases in aggregate demand and supply. b) undergoing offsetting changes in aggregate demand and supply. c) facing hyperinflation. d) in a liquidity trap.