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A bank has $500 million in checkable deposits, $600 million in savings deposits, $400 million in small time deposits, $950 million in loans to businesses, $500 million in government securities, $20 million in currency, and $30 million in its reserve account at the Fed. Calculate the bank's deposits that are part.
What is a commercial bank and how do they act and what is a security? Name 2 or 3 different type of securities?
The world market demand for soybean meal exemplifies a typical demand relationship. On your answer sheet, draw a graph of the initial market demand curve for soybean meal in the world. Assuming soybean meal is a(n) normal good, a(n) increase in price..
Explain dualism from he perspective of Descartes. Why does he think that the mind and body are not made of the same "stuff"? Do you find any of his forms of argument more or less convincing? Why
Consider the Ricardian model. Home has 1200 unites of labor available. It can produce two goods, apples (A) and bananas (B). The unit labor requirement in apple production is 3, while in banana production it is 2. Describe the patterns of trade (incl..
Suppose the U.S. dollar interest rate is 3%, while the interest rate in the United Kingdom is 6%. Your friend thinks he can convert his dollars
Suppose that after hurricane Irene, the average income in Cape Charles, Virginia decreased by 14%. In response to this change in income, suppose the demand for steak in Cape Charles decreased by 4%. What is the income elasticity of demand for steak?
What would be the production possibility frontiers for Brazil and the United States?
An end-of-aisle price promotion changes the price elasticity of a good from -2 to -3. If the normal price is 10, what should the promotional price be?
An owner can lease her building for $120,000 per year for three years. The explicit cost of maintaining the building is $40,000, and the implicit cost is $55,000. All revenues are received, and costs borne, at the end of each year. If the interest ra..
Assume that labor demand for low-skilled workers in the United States is: w = 24 – 0.1E where E is the number of workers (in millions) and w is the hourly wage. Assume there are currently 120 million domestic U.S. low-skilled workers who supply labor..
You are a hero with a broken sword (Conan, Boromir, or your favourite Dungeons and Dragons character) being chased by a troop of bad guys (bandits, orcs, . . .). Fortunately you are on a horse and they are not. Unfortunately your horse is tired and t..
In 150 words document what you would say to them to explain why it is important to regularly review technical applications and to consider new options.
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