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The bank rate is the interest rate on loans that the Bank of Canada makes to banks. Banks occasionally borrow from the Bank of Canada when they find themselves short on reserves. A lower bank rate (decreases/increases) banks' incentives to borrow reserves from the Bank of Canada, thereby (reducing/increasing) the quantity of reserves in the banking system and causing the money supply to (fall/rise)
The overnight rate is the interest rate that banks charge one another for short-term (typically overnight) loans. When the Bank of Canada uses open-market operations to buy government bonds, the quantity of reserves in the banking system (increases/decreases), banks' demand for borrowed reserves (declines/rises), and the overnight rate (increases/decreases)
Estimate cost elasticity of demand for education at this university. Is cost elasticity of demand for university tuition elastic or inelastic according to answer in part (i) Why.
Methods that are sometimes used by unions to increase wages of union workers. advertising to increase the demand for union-made goods.
The owner/manager of an athletic shoe store has revenue of $260,000 per year and labor, interest, inventory, and miscellaneous expenses of $200,000. The owner also owns the building the store is located in. It would rent out for $5,000 annually. What..
In general, large current account deficits have to finance by:
How is human population growth related to environmental sustainability? Is sustainable growth possible with no ceiling on population growth?
Read Greg Mankiw, Romer and Wiel's article in The Quarterly Journal of Economics.
A nation whose interest rate is rising more rapidly than interest rates in other nations can expect the international value of its currency to appreciate.
Describe the relationship between the database and the information system. How does database development fit into the overall context of information system.
If an individual's utility function is given by U(xy) = x0.4y0.6 and I = 200, px = 2,py = 3, his or her preferred consumption bundle will be:
Karl Marx’s thinking is a product of the l9th century. There have been great economic, political, and technological changes since then. How are his theories to be evaluated today? Are they perhaps obsolete and outdated?
What annual benefit is required for B/C = 1? Assume an interest rate of 8% and a perpetual life.
The price of jam is 5 cents per unit and the price of juice is 10 cents per unit. Her marginal utility of jam is 10 and her marginal utility of juice is 5.
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