Many people buy no more than one iPad because:
A. There's always a shortage of iPads
B. The MU/P of a second iPad is quite low for many people
C. The price of iPads has increased significantly
D. iPads have quickly become obsolete
B. The MU/P of a second iPad is quite low for many people
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What are options for monetary easing using interest rate policy instruments when the rate has hit the zero lower bound?
a. At that point, interest rate policy cannot be used. b. Monetary easing can still occur whenever interest rates are greater than zero at the retail level. c. The central bank can increase the money supply, and interest rates can be less than zero. d. Borrowing can be stimulated in ways other than lower rates of interest.
In the U.S., the following agencies have the right to examine the bank's books
A) Fed and the FDIC. B) FDIC and the Office of the Comptroller of the Currency. C) Fed and the Department of Commerce D) FDIC, Fed and the Office of the Comptroller of the Currency. E) Only the Fed.