The expansionary monetary and fiscal policies of the 1960s resulted in ________ inflation rates and ________ rates of unemployment
A) high; high B) low; high C) high; low D) low; low
C
Economics
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In Dutch or first-price sealed-bid auctions, participants will bid less than their highest valuation
What will be an ideal response?
Economics
While deposit insurance was designed to make the banking industry more stable, it contributed to the banking crisis of the 1980s because: a. the FDIC only insured commercial banks
b. the ceiling on insured deposits was too low. c. too many banks were insufficiently insured. d. depositors became too complacent about the risks that the banks were taking. e. unsafe banks were "kicked out" of the deposit insurance system.
Economics