A single bank is severely limited in its ability to create money because:
a. the FDIC will not permit it to create money unless the Resolution Trust Corporation guarantees the loans.
b. loan recipients usually take the proceeds of the loan in cash

c. the funds loaned probably will be deposited in another bank.
d. recent federal legislation prohibits banks from creating money except to finance international trade.

c

Economics

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In the above figure, if output is 10 units, then the total deadweight loss is

A) $5. B) $10. C) $20. D) $60.

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The optimal sharing group for national defense is the size of a nation

a. True b. False

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