The utility of a good measures its usefulness

Which of the following is a problem inherent in centrally planned economies?

A) Production managers are more concerned with satisfying consumer wants than with satisfying government's orders. B) There is too little production of low-cost, high-quality goods and services. C) Exports tend to exceed imports. D) Households and firms make poor decisions in choosing how resources are allocated.

The belief that the regulators of the U.S. financial system would not tolerate any losses by depositors at large depository institutions is called

A) the too-big-to-fail doctrine. B) the regulatory capture hypothesis. C) the lender of last-resort doctrine. D) corporate banking system welfare.