Author Question: The most effective mechanism for reducing runs on banks is _____. a. the discount rate b. deposit ... (Read 60 times)

cartlidgeashley

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The most effective mechanism for reducing runs on banks is _____.
 a. the discount rate
 b. deposit insurance
 c. the reserve requirement
  d. open-market operations
  e. the Federal Reserve note

Question 2

In the long run, changing technology on average has led to:
 a. lower employment and lower wage rates.
 b. higher employment and lower wage rates.
 c. lower employment with wage rates unchanged.
  d. higher employment with wage rates unchanged.
  e. higher incomes and more leisure time.



Silverbeard98

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Answer to Question 1

b

Answer to Question 2

e



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