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If the banks Deman Deposit is 7 billion, Actual Reserve is 1 billion reserve riquirement is 10% Required Reserve is 700,000,000I
Excess Reserve 300,000,000 the Money Multiplier is 10. how much additional money can the bank create?
Keynesian thinking dominated US (and other developed-country) policy-making well into the 1970s, although the "classical" counter-arguments kept up a steady criticism:
A shift outward in the demand curve always results in an increase in total spending (price times quantity) in a good. On the other hand, a shift outward in the supply curve may increase or decrease total spending." Explain?
Determine the profit-maximizing prices both firms will charge. In addition, calculate the price-cost margin for each firm and indicate which has more pricing power and why.
An economist for a bicycle company predicts that, other things equal, a rise in consumer incomes will increase the demand for bicycles.
"The most disruptive supply shocks in recenthistory were caused by OPEC, the Organization of PetroleumExporting Countries. In the early 1970s, OPEC's coordinatedreduction in the supply of oil nearly doubled the world price.
Use the information on U.S. real GDP below to calculate real GDP per person for each year. Then use these numbers to compute the percentage increase in real GDP per person from 1987 to 2005.
Illustrate what happens to the supply curve and the equilibrium point when a new technology improves a production process.
How does the US Department of Agriculture calculate the official poverty level What government assistance programs does the Census Bureau consider when calculating household income What programs are ignored
The Bank of England has switched from interest rate cuts to "quantative easing" This policy involves buying bonds from commerical banks in the hope that these institutions will again lend in vast quantities to businessess and individuals after sit..
Lars consumes only potatoes and herring. When the price of potatoes was 9 crowns per sack and the price of herring was 5 crowns per crock, he spent his entire income to buy 5 sacks of potatoes and 10 crocks of herring per month.
Countdown to a new agreement might galvanize development assistance debates. What do you think will happen and should happen- and why.
Differentiate at least two different eighteen month forecasts for Gross Domestic Product (US) and graph them. Include a reconciliation of differences between forecasts for GDP and a rationalization for which forecast you believe is most accurate.
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