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Suppose that Third National Bank has reserves of $20,000 and check able deposits of $200,000. The reserve ratio is 10 percent. The bank sells $20,000 in securities to the Federal Reserve Bank in its district, receiving a $20,000 increase in reserves in return.
What level of excess reserves does the bank now have?
Constant returns to scale are associated with a:
What does the price elasticity of demand, substitutability, Monopoly have to do with the high and rising costs of Academic textbooks and medical care? Why might the presence of medical insurance cause consumers to use more medical care than necessary..
With marketers, increasingly adopting more and more refined market segmentation schemes fueled by the Internet and other customization efforts—some critics claim that mass marketing is dead. Others counter that there will always be room for large bra..
If US real income increases, then the prediction of the monetary model of exchange rates would be that the US dollar would:
Why are credit networks indispensable to any civilization? what mean mobile platforms and what kind the service he give to the firm or the customer
The Mag Transit owners see the change in profits from the price decrease in May and the projection for June. They decide to go back to a price of $10.00 and have 31,000 deliveries in June. Calculate the Elasticity of Supply. Is it elastic or inelasti..
One of the demands of railroad in recent labor negotiations has been to eliminate the caboose from trains, cutting train crews from four to three. The unions have resisted this because of the loss of jobs. Are the unions right? Would removing the cab..
Which of the following hedging strategies involves a loan without a futures contract.
How does off-task behavior change the dynamics of the learning environment? Provide an example and a strategy to handle the behavior.
Suppose the following graph shows the demand for, and supply of, apartments in New York City. Use the black point (plus symbol) to indicate the equilibrium monthly rent and quantity of apartments in the absence of price controls. Then use the green p..
Suppose there are only two people in society. The demand curve for person A for mosquito control is given by qA=$100−P. Suppose mosquito control is a nonexclusive good – that is, once it is produced, everyone benefits from it. What would be the optim..
A monopoly is considering selling several units of a homogeneous product as a single package. A typical consumer’s demand for the product is Qd = 60 - 0.25P, and the marginal cost of production is $80. Determine the optimal number of units to put in ..
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