What would cause a bank run?
A) Depositors feel that the bank does not have sufficient assets to cover their deposits.
B) Bank managers choose to hold more excess reserves.
C) Depositors feel that they are earning too low of a return on their deposits.
D) Borrowers feel that they are being charged too high of an interest rate on their loans.
A
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Suppose a country's net exports equal zero. Which of the following will happen if the volume of imports increases without an increase in the volume of exports?
A) The country will experience a budget surplus. B) The country will experience a budget deficit. C) The country will experience a trade surplus. D) The country will experience a trade deficit.
The hypothesis that the results of a longrun HeckscherOhlin model with labor immigration will result in an increase in production for the labor intensive industry while reducing production in the capitalintensive industry is known as the _____ theorem.
a. StolperSamuelson b. specificfactors c. Ricardian d. Rybczynski