Which of the following events did not contribute to the high rate of bank failures in the 1980s and 1990s?
a. The collapse of the communist world, principally Russia; because of the collapse,they could not pay off their loans to U.S. banks
b. Falling farm prices in the U.S.
c. Bad loans to Mexico
d. An unexpected slide in oil prices
e. Falling agricultural land values
A
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If the federal government has a deficit, and the current account is in balance, then
a. I = S. b. I > S. c. S > I. d. S + I = 0.
The manager of the customer service department at a bank can hire employees with a high school degree (HS) who earn $10,000 annually or employees with a bachelor's degree (B) who earn $20,000. The manager wants to maximize the number of customers served given a fixed payroll. 
Given the above info, if the manager currently has three HS and three B, what must be true?
A. The manager is not making the correct decision because bachelor's degree holders are more productive at all levels of customer served. B. The manager is making the correct decision because the marginal contributions are proportionate. C. More customers could be served if the manager hires fewer HS and more B. D. More customers could be served if the manager hires more HS and fewer B.