A key property of a Diamond-Dybvig bank is
A) it is well-diversified.
B) it lends to borrowers.
C) it provides benefits very different from the provision of insurance.
D) it trades with other banks.
A
Economics
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A monopolist will maximize profits by:
a. setting his price as high as possible. b. setting his price at the level that will maximize per-unit profit. c. producing the output where marginal revenue equals marginal cost. d. producing the output where price equals marginal cost.
Economics
First, briefly explain what is meant by the policy mix. Second, explain what effect different policy mixes might have on the level of output, investment, and the interest rate.
What will be an ideal response?
Economics