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Q1: In a world without deposit insurance, what are some of the mechanisms that would arise in the market to punish bank managers who acted
Q1: In a world without deposit insurance, what are some of the mechanisms that would arise in the market to "punish" bank managers who acted irresponsibly?
Q2: Why doesn't the federal government offer automobile accident insurance? (discuss the conditions when the government should intervene, and how those conditions are/are not met in the auto accident market)
Q3: Why do increases in the money supply in circulation ultimately lead to inflation?
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