Use the graph below to answer the next question.
Other things equal, an increase in the price of substitute resource would cause a
A. move from a to b on D1.
B. shift from D2 to D3 assuming the substitution effect exceeds the output effect.
C. move from b to a on D1.
D. shift from D3 to D2 assuming the substitution effect exceeds the output effect.
Answer: B
Economics
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Deposit insurance has been __________ in achieving its goals of preventing runs and __________
A) successful; protecting small investors B) successful; protecting large investors C) unsuccessful; protecting small investors D) unsuccessful; protecting large investors
Economics
The U.S. banks have grown primarily through: a. America's longstanding preference for big banks. b. surviving banks buying up bankrupt banks
c. excellent customer service. d. mergers and acquisitions. e. deposit insurance policy.
Economics