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Suppose the Fed buys $100 billion in bonds from financial institutions. What effect will this bond purchase have on the money supply if the currency/deposit ratio is .15, the excess reserve ratio is .09, and the required reserve ratio is .06? Please show and explain work.
Explain how does marginal analysis affect goods and services, efficiency, equity, and on market economy.
A monopolist faces demand given through: P=100-4Q and has marginal costs given through: MC=10+2Q Create the demand, marginal revenue and marginal cost curves. Compute and demonstrate how much this firm will sell and what it will charge.
If the total cost of 20 units of a product is $20, and the total cost of 21 units is $21, then from 20 to 21 units of product the: Marginal cost equals average total cost. Marginal cost equals average variable cost
Growth without diminishing productivity of capital suppose that the production function is Y=AK. What is the condition for the growth rate of capital per worker, ?what does the s*(y/k) curve look like? Discuss how your results relate to diminishing p..
How many acres should John choose to mow in order to maximize profit. Prevailing market price of lawn mowing is $20 per acre.
Determine two leadership theories and two (2) leadership styles that support the definition of a public leader. Provide a rationale for your response.
Explain how much does the total amount of deposits in the banking system increase? By how much does the money supply increase.
A commercial bank's reserve assets consist of...
Imagine you are a member of Congress. Since consumer spending comprises at least 2/3 of real GDP, you know that increasing that spending would boost the U.S. economy in the short run. During a press conference, a member of the press asks you what you..
The saying "Give a person a fish also he shall eat today; teach a person to fish also he will eat forever" is most consistent with.
Please identify a particular industry (non-government) that meets the criteria for Pure Competition or Monopoly. Explain clearly why you think the industry is in Pure Competition or is a Monopoly and evaluate it from perspectives of efficiency and eq..
How does the law of demand relate to the price and demand for gasoline in the United States? Does this law accurately reflect reality? Use current research, personal experiences, and economic concepts to state your response.
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