Author Question: Command-and-control legislation, as compared to incentive-based regulation: a. encourages the use ... (Read 72 times)

Garrulous · **on:** Jun 30, 2018

Command-and-control legislation, as compared to incentive-based regulation:
a. encourages the use of comparative advantage in the short run, and the development of new technology in the long run.
b. encourages the use of comparative advantage in the short run, but discourages the development of new technology in the long run.
c. discourages the use of comparative advantage in the short run, but encourages the development of new technology in the long run.
d. discourages the use of comparative advantage in the short run, and discourages the development of new technology in the long run.

Question 2

In order to meet a deficiency of required reserves, a bank could:
a. buy securities.
b. deposit vault cash with the Fed.
c. turn some of its deposits at the Fed into cash.
d. close some checking accounts.
e. borrow from another bank in the federal funds market.