The Bank of Techland Is the Largest Bank in Techland

question 74

Multiple Choice

The Bank of Techland is the largest bank in Techland.Which of the following is likely to be true if this bank fails?

• A) Techland's output will fall.
• B) Real interest rates in Techland will fall.
• C) Labor supply in Techland will fall.
• D) Real wages in Techland will remain unchanged.

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