Opponents of rule-determined policies might point out that ________
A) markets self-correct quickly so rules become obsolete
B) unforeseen changes in the structure of the economy may make a rule obsolete
C) policies that kick in at the wrong time may lead to undesirable results
D) all of the above
E) none of the above
B
Economics
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In a perfectly competitive market, the market clearing price:
A) is always equal to the equilibrium price. B) is unrelated to the equilibrium price. C) is always lower than the equilibrium price. D) is always higher than the equilibrium price.
Economics
All of the following are operating expenses for a bank EXCEPT
A) service charges on deposit accounts. B) salaries and employee benefits. C) rent on buildings. D) servicing costs of equipment such as computers.
Economics