23. In the United Stated saving is allocated to its most productive use by:?

Question

23. In the United Stated saving is allocated to its most productive use by:

A. the Federal Reserve.

B. the Federal, state, and local governments.

C. regulations and laws designed to improve productivity.

D. a decentralized, market-oriented financial system.

E. the Federal Open Market Committee.

24. The specialized information-gathering activities that banks use to evaluate borrowers is an example of the:

A. cost-benefit principle

B. principle of comparative advantage.

C. scarcity principle.

D. equilibrium principle.

E. principle of increasing opportunity cost.

Answer 1

Read your book, take your test.

Answer 2

when you put a homework in here, at least, for god's sake, don't put the question number!

Answer 3

D. a decentralized, market-oriented financial system.

A. cost-benefit principle (or risk/profit)