If a firm anticipates that it is at a risk of being held up, it is more likely to

Systemically important financial institutions are:

A) banks that are owned and run by the government. B) large banks that have become a large market power. C) all banks whose value of liabilities exceeds its value of assets. D) all banks whose value of assets exceeds its value of liabilities.

Gabby flips a fair coin and it comes up heads. Gabby suffers from the hot-hand fallacy if:

A. she thinks the coin will come up heads on the next flip because it came up heads on the previous flip. B. she thinks the coin will come up tails on the next flip because it came up heads on the previous flip. C. she thinks the coin is less likely to come up heads because it came up heads on the previous flip. D. she thinks the coin is equally likely to come up heads or tails on the next flip.