A market has the following characteristics: There is strategic pricing, output is somewhat restricted, there is interdependent decision making, and some long-run economic profits are possible. This market is:

The above table gives the initial balance sheet for Mini Bank. Mini Bank's actual reserve ratio equals ________

A) 25 percent B) 12.5 percent C) 33.3 percent D) 20 percent

Federal Deposit Insurance Corporation protection of deposits

a. increases the likelihood of bank runs b. increases bankers' incentives to be cautious with depositors' money c. reduces bankers' incentives to be cautious with depositors' money d. lessens the need for the Fed to regulate banking activity e. began in 1913 with the creation of the Fed