The U.S. banks have been facing greater competition from the ...

[strangeaffliction]

The U.S. banks have been facing greater competition from the Eurocurrency market because of the establishment of international banking facilities.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

In January, 2,500 quarts of ice cream are sold in Boston at 2 per quart. In February, 3,000 quarts are sold at 2.50 a quart. This change in the price and quantity sold of ice cream may have been caused by:
 a. a reduction in wages in the Boston area.
 b. the introduction of labor-saving, automated ice cream packing machinery.
 c. the release of a medical study showing that ice cream consumption improves mental health.
  d. the decision by Boston ice cream sellers to eliminate discount coupons.

[djofnc]

Answer to Question 1

False

Answer to Question 2

c