Commercial bank reserves are typically less than 1 percent of total assets, however in 2013 bank reserves ________ because of ________
A) rose to around 88 percent; the financial crisis of 2008-2009
B) dropped drastically to near zero; the financial crisis of 2008-2009
C) rose to around 18 percent; the financial crisis of 2008-2009
D) dropped drastically to near zero; the wave of natural disasters experienced in the nation and around the world
E) rose drastically to around 18 percent; the wave of natural disasters experienced in the nation and around the world
C
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Skis and snowboards are close substitute goods. A ________ in the price of snowboards would tend to ________ the demand for ________
A) rise; increase; snowboards B) rise; decrease; snowboards C) rise; decrease; skis D) rise; increase; skis E) fall; increase; snowboards
Because of assortative mating, wealth becomes ________ and the distribution of wealth becomes more ________
A) more concentrated in a small number of families; equal B) more concentrated in a small number of families; unequal C) spread out among more families; equal D) spread out among more families; unequal