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Suppose Dennis deposits $750 that he found floating down to the earth from the sky into the financial system. Assuming a 25% reserve ratio, that all banks lend all excess reserves, and that all loans are redeposited into the banking system, how much money will be created by Dennis's act?
List the four components of Gross Domestic Product(GDP) and provide an example of each. Explain how each item affects you and the way that you live today should include an introduction, a body with at least two fully developed paragraphs, and a concl..
Assume that you have $100 to spend on food and clothing. The price of food is $5 and the price of clothing is $10. Graph your budget constraint. Suppose that the government subsidizes clothing such that each unit of clothing is half-price, up to the ..
Could price controls imposed by government lead to government failure and market failure? How or why not?
The legislative branch of the American government is bicameral. In a minimum of at least two well-written paragraphs, define and discuss the advantages of a bicameral legislature, including how and why this came about. Reference should be made to the..
Compare these findings to the same data for China and India. Write a paragraph to summarize your findings.
Thomas works in a non-military operation of a large operation that does both non-military and military goods. This company discontinued the production of non-military goods and transferred Thomas to a plant that produced military goods.
Suppose the federal funds rate is 4.4 percent and you know that the Fed is following the Taylor rule. You don't know the Fed's inflation target, but the equilibrium real interest rate is 4 percent, the inflation rate is 3 percent, the weight on the G..
Payments to hospitals from private insurers can be characterized as having reached which stage of a typical financial reimbursement cycle? Which of the following statements about the certificate of need legislation is false? The wealthiest group in A..
Your company manufactures two models of speakers, the Ultra Mini and the Big Stack. Demand for each depends partly on the price of the other. If one is expensive, then more people will buy the other. Find the prices for the Ultra Mini and the Big Sta..
Beginning from a steady state in the Solow growth model, explain how an increase in the saving rate will affect the levels and growth rates of capital and output per worker.
Analyze and discuss the roles of physical capital, human capital, technology, and natural resources in influencing long-run economic growth of aggregate output per capita. Then discuss how governments can contribute, or discourage, long run growth th..
For this week's assignment please jot down the most obvious similarities in physical characteristics and behavior for several children and parents.
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