The FDIC fee system encourages depository institutions to

A) make riskier loans than they would otherwise.
B) operate their institutions in too conservative a fashion.
C) seek only a modest rate of return.
D) reject loans that probably would have been profitable.

A

Economics

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Scarcity means that

A) what we can produce with our resources is greater than our material wants. B) resources are unlimited. C) wants are greater than what we can produce with our resources. D) governments must make up for shortages in resources. E) choices made in self-interest cannot be the same as those made in the social interest.

Economics

The real wage rate is defined as the wage rate divided by

a. the interest rate. b. the money supply. c. nominal GDP. d. the price level.

Economics