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"Bank Failures". Please answer the questions below. What does the term "bank failure" mean? What role does FDIC insurance play? How many banks failures occurred in the United States during the most recent complete calendar year? How many banks failures occurred in the United States during 2016? What were the total assets and total deposits held by the banks that failed during the most recent complete calendar year? How many banks failed in 1937? How it is possible to prevent bank failure?
Consider an economy in which there are 100 workers. One-half of the workers are endowed with 200 units of the consumption good when young and nothing when old. Based on the answers to part a through d, what store of value should a high-income worker ..
1. Why does "substitution bias" arise if the inflation rate is calculated based on a fixed basket of goods?
Country X has an $8000 billion GDP and a population of 200 million. Country Y has a $6000 billion GDP and a population of 150 million. Which of the following is true? If the GDP deflator is now 125, we may conclude that since the base year prices hav..
Skectch the fundamental analysis of the supply and demand curve for the British pound in terms of dollars. (The quantity of pounds on the horizontal axis and the US dollars per pound on the vertical axis.
Assume blonds earn $3 less per hour than brunettes and a firm employs 300 workers. There are 8 working hours in a day. If this firm refuses to hire blonds because of discrimination, how much profit will it gain/lose in a day? (Assume blonds and brune..
There are four goods produced in an economy by four individuals:
For each of Marshall’s four rules of derived labor demand, come up with one example of an industry or job that you would expect to have especially elastic or inelastic labor demand based on that particular rule.
The opportunity cost of holding money is that you
The firm’s production function is Y = min {A/4; 2B} + 5C. Suppose that the price per unit of input A is 2 euros, the price per unit of input B is 6 euros, the price per unit of input C is 30 euros. What is this firm’s minimum cost of producing 40 uni..
The? short-term demand for crude oil in Country A in 2008 can be approximated by q equals f left parenthesis p right parenthesis equals 2 comma 144 comma 309 p Superscript negative 0.05 ?, where p represents the price of crude oil in dollars per barr..
Quincy lives on ding dongs and seafood salads. The price of ding dongs is 1 dollar per bag and the price of seafood salads is 4 dollars each. Quincy allows himself to spend no more than 23 dollars a day on food. He also restricts his consumption to 3..
The Targeted Jobs Tax Credit existed from 1979 through 1994 and offered employers a tax credit for each less-skilled worker they employed. Assume that the tax credit was fixed at $3 per hour worked by a less-skilled worker. How would this tax credit ..
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