One intention of deposit insurance is to reduce the danger of
a. excess lending.
b. excess profits.
c. risky lending.
d. bank runs.
e. All of the above are correct.
d
Economics
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If government raised taxes on the rich and this resulted in a decrease in productivity, the increase in taxes will still definitely make society better off
Indicate whether the statement is true or false
Economics
If there is a decrease in world oil prices and the Fed wishes to maintain output stability, what should it do?
a. Buy bonds in the open market. b. All the economy to adjust itself. c. Sell bonds in the open market. d. Impose higher taxes to counteract the supply shock. e. Lower taxes to maintain output.
Economics