The failure of the Bank of the United States in December 1930 probably intensified the banking panic for each of the following reasons except that it proved that ___
a. the Fed might fail to act as a lender of last resort.
b. big banks could fail.
c. New York Banks could fail.
d. that Wall Street banks could fail.
c. New York Banks could fail.
Economics
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Workers who work the night shift are often paid more than those who do identical work on the day shift. This is referred to as a
a. discriminatory wage practice. b. compensating differential. c. wage inequity. d. a market inefficiency.
Economics
Refer to the table below. If demand increased by 100 units at each price level, and the government set a price ceiling of $40, then there will be:
Answer the question based on the following supply and demand schedules in units per week for a product.
A. A shortage
B. A surplus
C. No shortage or surplus
D. Decrease in supply
Economics