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Q1. Suppose the Required Reserve Ratio = .20 and that a new $100 billion of reserves are injected into the system. By how much might the Money Supply expand if banks choose to lend all excess reserves?
Q2. Consider a production function for an economy: Y = 20 (L.5K.4N.1) where L is labor, K is capital, and N island. In this economy the factors of production are in fixed supply with L = 100, K = 100, and N = 100. a. What is the level of output in this country? b. Does this production function exhibit constant returns to scale. Show by example. c. If the economy is competitive so that factors of production are paid the value of their subsidiary products, what is the share of total income that will go to land?
They found that getting larger was painful it involved a lot of new administrative infrastructure to get everything organized
Suppose production price is 20. The firm views that price as beyond its control.
Summarize in words the predictions and limitations of the theoretical framework developed for the first exam: that is the predictions for the effect of capital accumulation.
For each of the determinants of demand in Equation identify an example illustrating the effect on the demand for hybrid gasoline-electric vehicles.
A competitive firm that is profit maximizing pays a wage. The firm has started marketing its new product.
The no-trade equilibrium in Foreign. How do the relative no trade prices of computers compare in Home and Foreign.
What is the effective rate of protection for the automobile industry in country A, if there is a tariff of 25 percent on imported automobiles and a tariff of 50 percent on imported inputs used in this industry.
Similarities in the definitions of management quoted from authors of management textbooks
Semiconductor chips are used to store information in electronic products, such as personal computers. One of the early leaders in the production of these chips was Texas Instruments (TI).
Why is monitoring and controlling the project cost important for the success of the project.
In 2020, Ahmed decides to invest in a wind turbine that would produce and sell electricity to the local electric utility. He decides to buy a smaller, used turbine.
A concrete and building materials company is trying to bring the company funded portion of its employee retirement fund into compliance with HB-301.
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