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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 $10000 in currency into the bank and that currency is added to reserves.what level of excess reserves does the bank now have
Find the equilibrium price and quantity in the black market.
a representative consumer with preferences over goods x1 and x2 given by U(x1,x2)=1/2 log X1+1/2 Log X2. assume the consumer has an exogenous income of M=100. suppose initial prices are p1=3 and p2=5 calculate the optimal consumption of both goods
Assume that the total value of the following items is $600 billion in a specific year for Upper Mongoose: net exports = $50 billion; value of new goods and services produced in the underground economy = $75 billion
iscriminate between every buyer and charge each buyer their reservation price.
Discuss ways that a buying spree like that of Mr Van der Hoeven can create problems for the group auditor?
What has been the average length of recessions since 1854? Since 1945? What has been the average length of expansions since 1854? Since 1945?
Given several pollution sources within a given region. You have determined the level of pollutants that the environment can tolerate and need to design a regulatory system that guarantees that tis limit is never exceeded, even if the number of pol..
suppose a single parent can work up to 16 hours per day at a wage rate of 10.00 per hour. various income maintenance
Further suppose that 51.3% of births are male. What is the probability that a randomly chosen child will be affected by the disease?
Is each of the following items more likely to be the subject of an informational or a persuasive advertisement?For an office copying machine a firm is more likely to use
1. Demand : p=100-2q Total Costs: c(q)= 40+3q2 , Formulate the firms profit function for monopoly. Differentiate this profit function with respect to q and solve for the profit maximizing price. What quantity of output will be sold at this price
You also have a marginal printing cost of $.25 per paper as well as a marginal delivery cost of $.10 per paper. If sales fall by 20 percent from 1 million papers to 800,000 per month, what happens to the AFC, per paper, the MC per paper
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