A Bank That Is Authorized to Accept Deposits of Amounts

question 62

Multiple Choice

A bank that is authorized to accept deposits of amounts payable to the federal government is a:

• A) Credit union.
• B) FDIC insured bank.
• C) Federal depository bank.
• D) National bank.
• E) Federal Reserve Bank.

Analyze the consequences of changes in market supply and demand elasticity on surplus.

Interpret graphical representations of market models to identify areas representing consumer and producer surplus, as well as deadweight loss.

Understand the concept of deadweight loss and its occurrence due to market distortions.

Grasp the principles of welfare economics related to market efficiency and government intervention.