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1. Free trade will affect a country's employment in different industries.
A) True
B) False
2. Banks can obtain funds to make loans by borrowing reserves from other banks through the federal funds market.
3. When one individual writes a check to another individual the money supply will not be changed.
4. If the reserve ratio is 0.3 and a deposit of $100 is made to the bank, the bank can lend out $70.
5. A bank's required reserves are the fraction of deposits they are required by law to hold as reserves.
The demand for good x1 is given by: (m/p1) - (p1/p2), where p1=1, p2=1, and m=10.Which of the following accurately describes the INCOME elasticity of demand?
What economic problem might exist for the government to make this fiscal policy change? If the government wanted to achieve the same change in GDP as in part k by cutting taxes instead, how large would the tax cut have to be?
Illustrate what import also export means also give one example of every in fashion area. Conduct a test of hypothesis to conclude whether the mean attendance was more.
Which of the following is not a concern about nudge policies?
The story of entitlements such as health care and welfare payments to the elderly in the US is pretty ----. This is partly because these payments form---part of the government budget and they are----
Using appropriate diagrams and notations,carefully explain the relationship b/n elasticity, total revenue and marginal revenue. 2,discuss the uses of elasticity of demand.
Given the difficulties which the regulation of public utilities faces that would it not is better to nationalize public utilities as several European countries have done.
What is the equilibrium output and price level? If aggregate demand shifts right, what is equilibrium output? If aggregate demand shifts left, what is equilibrium output?
Elucidate how much the last input added to the total amount of revenue. Elucidate how much the last input added to the total amount of production.
Select 3 basic strategies that a multinational corporation might use from the following list of strategies: vertical and horizontal integration, outsourcing, merger and acquisition, limit pricing, product differentiation, price discrimination and tra..
How is efficiency related to the number of firms in an industry characterized by strong economies of scale? Efficiency is unrelated to the number of firms in the industry and therefore unrelated to economies of scale.
Replace the machine with a new one costing $49K. Depreciation would be SL to zero over the 7 years of its life. Operating costs would be reduced by $7Kpa.
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