If the price of a good is below the equilibrium price,

Comment on the following statement: "When a firm retains earnings for investment purposes, it is actually saving on behalf of its shareholders."

What will be an ideal response?

Many banks in the U.S. failed in the 1930s, not because they were poorly managed, but because they could not survive the panicky withdrawal of funds by their depositors

a. True b. False Indicate whether the statement is true or false