In 2009 about ________ percent of the states permit branch banking.

A. 40
B. 20
C. 80
D. 60

C. 80

Economics

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When there is a current account deficit, it is likely that

A) exports exceed imports for the country. B) the country is an exporter of capital. C) the capital account has a surplus. D) the country has a budget surplus.

Economics

The Second Theorem of Welfare Economics states that:

a. all Walrasian equilibria are also social welfare maxima. b. social welfare maxima will usually be Pareto inefficient. c. any social welfare maximum can be a Walrasian equilibrium with suitable transfers of initial endowments. d. all Pareto optimal allocations are social welfare maxima.

Economics