Universal service may require making a service available in small communities where the limited scale of operations may make costs extremely high

a. True
b. False
Indicate whether the statement is true or false

True

Economics

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The logic of the wealth effect begins with a change in the price level changing the interest rate.

a. true b. false

Economics

Most checkable deposits are insured up to $250,000 by

a. state banking commissions. b. the Federal Reserve Board. c. U.S. Department of the Treasury. d. the Federal Deposit Insurance Corporation.

Economics