A bank run at a bank often triggers a chain reaction of runs on other banks in an economy
a. True
b. False
Indicate whether the statement is true or false
True
Economics
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The use of controlled experiments using particular substances to test hypotheses is most likely to be found in:
A) chemistry. B) economics. C) history. D) the humanities.
Economics
When the principle of comparative advantage determines trade, then a country will
A) specialize only in that good with the highest opportunity cost. B) specialize only in goods with the lowest opportunity costs. C) specialize only in that good where output is less per worker hour than another country. D) specialize only in that good where production costs are more than average total costs.
Economics