When the federal government deregulated the banking industry, savings and loans
a. continued to make only mortgage loans
b. began to make riskier loans in areas such as speculative land development
c. developed new loan markets which allowed them to prosper and expand
d. began to merge with commercial banks
e. lowered interest rates to attract new depositors
B
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A supply curve shows the marginal
A) benefit consumers receive from consuming a good. B) profit businesses earn from selling a good. C) cost of producing the good. D) price paid for a good. E) benefit sellers receive from selling a good.
Suppose that the government of New York state promises to decrease taxes to a firm if it decides to stay in New York instead of moving to another state. This policy on the part of the state constitutes ________, to make the ________ of the firm remaining in New York.
A) an incentive; marginal benefit exceed the marginal cost B) an incentive; marginal cost exceed the marginal benefit C) a command; marginal benefit exceed the marginal cost D) a command; marginal cost exceed the marginal benefit