An advisor to new york city mayor bill deblasio

Assignment Help Microeconomics
Reference no: EM13692776

An advisor to New York City Mayor Bill deBlasio. He is considering the passage of a bill that would set limits on the amount of money that banks can charge non-account holders for the use of the bank's automated teller machines. Currently, the banks charge non-account holders an average fee of $3.00 per transaction. Mayor deBlasio asks you to explain to him the likely effects of a proposal that would limit such fees to $2.00 per transaction. In an essay of 5-7 paragraphs that utilizes economic terminology, describe the nature of such a proposal and explain what you think the likely effects would be if the bill passed? Include a graph in your answer illustrating the effect of such a law. You may embed the graph in the text box, or send a copy of it to me via email.

Reference no: EM13692776

Questions Cloud

Estimate the price elasticity of demand for subway rides : Estimate the price Elasticity of demand for subway rides
How do credit managers manage the risks : How do credit managers manage the risks related to extending trade credit? Aside from late or non-payment, what other risks do you see with trade credit?
Why should you help energy companies : Worldwide demand for energy rises. Texas has the resources to help meet the demand, but energy companies throughout the industry are worried about their employment levels.
The government runs a budget surplus : The government runs a budget surplus
An advisor to new york city mayor bill deblasio : An advisor to New York City Mayor Bill deBlasio.
Cause the aggregate demand curve to shift to the right : Cause the aggregate demand curve to shift to the right
The period of the business cycle : The period of the business cycle
What was the new policy as evidenced by the fed funds rate : What was the new policy as evidenced by the Fed Funds Rate
Research this issue and write a brief memorandum : Research this issue and write a brief memorandum

Reviews

Write a Review

Microeconomics Questions & Answers

  Assume that both firm collude with each other and share

demand for a good can be characterized by p 100 - q. there are two firms firm 1 and firm 2. they have identical cost

  Under governments coverage of mri tests find the per-unit

under governments coverage of mri tests find the per-unit subsidy it provides? determine total subsidy that government

  What would you expect price of each share to be today and

a company has two million shares outstanding. it paid a dividend of 2 during the past year and expects that dividends

  The information below represents the demand and supply

the information below represents the demand and supply schedules for a productdemand schedule nbsp nbsp nbsp nbsp nbsp

  Compute expected return for all three bonds in percentage

consider three alternative bonds that you might invest in each of which matures in one year. the following table shows

  What are the consequences for farm output

What are the consequences for farm output as a result of this guaranteed price and what does the term "equilibrium" mean in the context of a market economy?

  Decrease or increase of each condition of money supply

Give the decrease or increase of each condition of money supply

  Explain briefly how the u.s. antitrust laws are actually

Why is there a social cost to monopsony power? If the gains to buyers from monopsony power could be redistributed to sellers, would the social cost of monopsony power be eliminated? Explain briefly.

  Offshore petroleums fixed costs are 2500000 selling price

offshore petroleums fixed costs are 2500000. selling price per barrel of oil is 18 and variable costs per barrel are

  Socially efficient price-units of output-profits

Find out the socially efficient price, units of output and profits? How much output would a monopoly produce? Find out the price and profits of the monopolist?

  Marginal cost of paper cup productions

Make a table showing the marginal cost of paper cup productions. What is the minimum price necessary for company to supply one thousand cups?

  What allows the firm to have monopoly power what does this

you will write an original post responding to the following prompt worth 15 points 1-2 paragraphs in lengthin the last

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd