Deficient information on unsafe products can cause:
a. overconsumption of a product.
b. waste of resources used to produce a product.
c. consumers to pay a higher price for a product.
d. all of the above answers are true.
e. none of the above answers a. - c. are true.
Question 2
In the 1970s, _____.
a. the market interest rate increased above the rate that banks could offer
b. banks and thrifts were able to borrow at low interest rates to support outstanding loans
c. the market interest rate decreased below the rate that banks could offer
d. banks and thrifts were forced to call in outstanding loans
e. banks and thrifts were bailed out by the FDIC
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