Author Question: Which of the following are required for economic growth? i. more goods and services produced per ... (Read 37 times)

sheilaspns · **on:** Jun 30, 2018

Which of the following are required for economic growth?

i. more goods and services produced per hour of work
ii. an increase in the average hours of labor per person
iii. an increase in prices
A) i only B) ii and iii C) ii only D) i and iii E) i and ii

Question 2

Which of the following has been a problem faced by the FDIC in its provision of federal deposit insurance?

A) a relatively low number of bank failures each year, which has reduced the need for deposit insurance
B) moral hazard arising from the tendency for the highest-risk banks to be those most interested in obtaining deposit insurance in the first place
C) adverse selection arising from the tendency for banks to take on more risk after they receive deposit insurance
D) moral hazard arising from the tendency for banks to take on more risk after they receive deposit insurance