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Third National Bank has reserves of $20,000 and checkable deposits of $200,000. The reserve ratio is 10 percent. Households deposit $5,000 in currency into the bank and that currency is added to reserves.
What level of excess reserves does the bank now have?
All workers are equally productive also workers vary in their preferences. Compute a worker who values his wage and the risk level according to the following utility functions
The company has already spent $150,000 on research and development for the drug. The first round of clinical trials has been performed cost $75,000 and the results from the trials were promising. The company is considering whether to proceed with ..
Using Keynesian model and Classical model, analyzed the effect of balanced budget (when the government increases the government expenditure and tax by the same amount not to affect the government deficit) on output (Y), interest rate (r) and price ..
The Bureau of Labor Statistics reported that in January 2000 total labor force was 140,910,000 of a possible 208,782,000 working age adults.
Explain why is it important for a country to calculate their GDP and release this information to the public.
Illustrate what shape do you think the marginal benefit curve is for carbon dioxide abatement.
Identify how interest rates affect the cost of operating the business-Explain how business planning and operations are dependent on monetary variables other than interest rates
Elucidate the dispute resolution options available to Bobbie Sue and Suzy Q and the primary differences between each option.
A profit maximizing firm produces three products X, Y and Z. The firm has no costs. There are three customers 1, 2 and 3. What will be the price of each product if the firm decides to sell them separately?
Find data on GDP and its components, and compute the percentage of GDP for the follow-ing components for 1950, 1980, and the most recent year available. a. Personal consumption expenditures b. Gross private domestic investment
Explain how large a sales increase can the company achieve without having to raise funds externally; that is, what is its self-supporting growth rate.
Although he was a prolific artist, Pablo Picasso painted only 1,000 canvases during his "blue period." Picasso is now dead, and all of his Blue Period works are currently on display in museums and private galleries throughout Europe and the United..
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