In economics, the term "equity" means
A) economic benefits are distributed fairly.
B) everyone has an equal standard of living.
C) the hardest working individuals consume all they want.
D) only elected officials have high standards of living.
A
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In 1975 the Swiss National Bank announced a policy of targeting ________
A) the level of income B) interest rates C) rational expectations D) monetary aggregates
In the ten years after the FDIC limit was increased to $100,000:
A. less than one-fourth the number of banks and savings and loans failed than during the first 46 years of FDIC's existence. B. increasing the deposit insurance limit to $250,000 provided complete coverage for all deposits except those of large corporations. C. the cost to taxpayers of failed institutions in that period was negligible because FDIC was in place. D. more than four times the number of banks and savings and loans failed than did during the first 46 years of FDIC's existence.