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By indicating the major sources and uses of bank funds, fully describe the basic functions of a bank as a private deposit-taking institution that must constantly be able to deal with asymmetric information problems arising out of adverse selection and moral hazard in order to stay solvent. In your answer to the first part, make sure to indicate how it may engage in "off-balance sheet activities" to raise additional revenues
How harmful is the public debt? Are you concerned about the public debt? Why or why not? Was it wise for the government to use expansionary fiscal policy during the Great Recession even with the effect on the public debt? Do you feel that the benefit..
Your firm resells airline tickets during the busy summer travel season. Your manager argues that the firm should charge, for the same flight route
What determined movements of gold between countries under the gold standard, and why? Under the gold standard "rules of the game" would such movements be likely to consume until a country's gold stock was depleted? Why or why not?
What is the Cournot Solution in a market of 2 firms with zero costs when P=200-10Q. Construct a “trigger” strategy that can support the collusive outcome;
Consider an engineer employed of Boeing in Huntsville, designing the NASA Space Launch System (which Boeing is designing under contract to NASA). When the engineer makes design decisions, should they use their own preferences, or Boeing's preferences..
Arithmetic gradients are stated as dollar amounts and geometric gradients as percentages.
Suppose than on Monday a Big Mac cost $3.00 if the exchange rate is $1 to 85 yen how much do you need to buy a big mac cost in Japan? You waited too long before buying your big mac in Japan and then dollar depreciated by 5%. How much would you now pa..
Mr. Sam K. Jones, a successful businessman, is considering erecting a small building on a commercial lot.
q1. consider a monopsony employer in a labour market. elucidate explain how a union in this labour market might
Proposals to raise the minimum wage rate are often opposed with the argument that such a move would not only cause an increase in the unemployment rate but would also hurt the very people it is intended to help. Is there any validity to that argument..
What is the equilibrium price paid by the demanders for merino ewes now. Elucidate what is the equilibrium price received by the suppliers for merino ewes.
The five dollar Burger Joint gift card that your friend gave you for your birthday expires today. You can either use the gift card to buy yourself dinner at Burger Joint or you can stay home and eat a delicious home-cooked meal. What is the opportuni..
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