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As you have read, and may agree, "the large number of banks in the commercial banking industry and the absence of a few dominant firms suggests that commercial banking is more competitive than other industries". Yet many of us prefer the "Thrift Industry" selection. Why? Which institutions do you prefer and why? Are others in this class using different financial institutions than yourself affecting rates you receive? How did you decide on where you bank now, and why is it better than everyone else' choice? What are the rest of us missing?
If there is a constitutional requirement to maintain a balanced budget, then during a recession when tax revenues are shrinking, the government will have to implement
Discuss the implication to Economic Efficiency of an economy operating at point and what would it take for the economy to operate at point Z?
Which set of characteristics below best describes the basic features of monopolistic competition?
In Tobin s analysis of the speculative demand for money, people will hold both money and bonds, even if bonds are expected to earn a positive return. Is this statement true, false, or uncertain? Explain your answer.
what will happen to equilibrium of peanut butter traded in the market after the 30% increase in the price of peanut butter? stay the same, increase, not enough info to answer, or decrease. what will happen to the total revenue os us peanut butter..
What total output must the cartel produce in order to maintain this price and to what output will an individual firm be restricted if this price is to be maintained?
Suppose the government decides to place a tax on competitive business profits that would cause businesses to decrease output and generate a deadweight loss. Revenues from the tax would be redsitributed to low-income individuals. The decision to le..
many environmentalists or general members of the public are horrified by the notion of marketable pollution permits.
Among the problems that hinder growth in developing economies are poor infrastructure, lack of financial institutions and a sound money supply, a low saving rate, poor capital base, and lack of foreign exchange. Explain how these problems are inte..
Mary's credit card situation is out of control because she cannot afford to make her monthly payments. She has three credit cards with the following 1 loan balances and APRs: Card 1, $4,500, 19%; Card 2, $5,700, 23%; and Card 3, $3,200, 15%. Interest..
how does a government budget deficit affect the economy? identify two periods in recent history in which the united
What is the component cost of the equity raised by selling new common stock? What is the maximum amount of new capital that can be raised at the lowest component cost of equity?
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