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In the Diamond-Dybvig banking model, the equilibrium outcome with deposit contracts can improve upon the outcome in autarky in the sense that _____________ A.the number

In the Diamond-Dybvig banking model, the equilibrium outcome with deposit contracts can improve upon the outcome in autarky in the sense that _____________

A.the number of consumers who are better off exceeds the number of consumers who are worse off.

B.the ex-ante expected utility is higher under deposit contracts than in autarky.

C.the utility of late consumers is higher under deposit contracts than in autarky.

D.the utility of early consumers is higher under deposit contracts than in autarky.

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