Among the state nonmember banks, __________ have federal deposit insurance through the FDIC

Even though a perfect price discriminator can extract all of the consumer surplus, how can it be efficient?

What will be an ideal response?

A resident of the U.S. just purchased a share of stock on the London stock market. As far as the U.S. balance of payments this purchase will

A) have no influence on the balance of payments since stock is not a good or service. B) be entered as a unilateral transfer in the current account. C) be entered in the capital account. D) require special drawing rights.