Refer to Table 8-19. Given the information above, calculate the GDP deflator in 2015

Deposit insurance has been __________ in achieving its goals of preventing runs and __________

A) successful; protecting small investors B) successful; protecting large investors C) unsuccessful; protecting small investors D) unsuccessful; protecting large investors

Which of the following rules is most consistent with profit maximization?

a. expand output when MR < MC b. reduce output when MR > MC c. expand output when TR > TC d. reduce output when TR > TC e. expand output when MR > MC