The Federal Deposit Insurance Corporation
a. protects depositors in the event of bank failures.
b. has become insolvent in recent years due to a large number of bank failures.
c. is part of the Federal Reserve System.
d. in practice has seldom been of much use.
a
Economics
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The above figure gives your budget line between CDs and magazines. What would allow you to buy more CDs?
A) a decrease in the relative price of CDs B) an increase in income C) a decrease in the price of magazines with no change in the price of CDs D) All of the above changes would allow you to buy more CDs.
Economics
The passage of the Smoot-Hawley Tariff in 1930 sparked a trade war that caused net exports to ________ and real GDP to ________
A) decrease; increase B) increase; increase C) decrease; decrease D) increase; decrease
Economics