Probably the most significant factor explaining the drastic drop in the number of bank failures since the Great Depression has been
A) the creation of the FDIC.
B) rapid economic growth since 1941.
C) the employment of new procedures by the Federal Reserve.
D) better bank management.
A
Economics
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When the price of a good is legally set below the equilibrium level, a shortage often results. This shortage
a. is a temporary failure of the market mechanism. b. is the result of a shift in demand. c. is the result of a shift in supply. d. occurs because the price ceiling prevents the market mechanism from establishing an equilibrium price.
Economics
Which one of the following might offset a crowding-out effect of financing a large public debt?
A. A decline in net exports. B. An increase in public investment. C. A decrease in the money supply. D. A decline in public investment.
Economics