What your average money holding

Assignment Help Microeconomics
Reference no: EM13712017

Suppose you earn $6000 per month and spend $200 in each of the months 30 days. If you deposit $2000 into your checking account on the 1st, 11th and 21st days of the month, what's your average money holding

 

Reference no: EM13712017

Questions Cloud

Reader digest association is a publisher of magazines : Reader's Digest Association is a publisher of magazines, books, and music collections. The following note is from a recent annual report:Revenues Sales of our magazine subscriptions are deferred (as unearned revenue) and recognized as revenues ..
Aim to maximize revenue rather than profits : A firm's managers aim to maximize revenue rather than profits. At the same time, shareholders stipulate that an acceptable profit of m should be achieved. (Suppose the managers set to achieve this exactly.) The firms revenue R is a function o..
1.explore why lump sum tax, even though efficient are rarely : 1.Explore why lump sum tax, even though efficient are rarely used.2.Using demand and supply analysis, discuss how a tax on labour income (hours of work available is fixed) creates excess burden between the paid and unpaid labour markets.
Play an important role in achieving your goals in the near : What are your future plans? Do you think learning economics will play an important role in achieving your goals in the near future? Briefly discuss.
What your average money holding : Suppose you earn $6000 per month and spend $200 in each of the months 30 days. If you deposit $2000 into your checking account on the 1st, 11th and 21st days of the month, what's your average money holding
Assess the appropriateness of strategy : What is the corporate strategy that your selected firm seems to be following internationally: multi-domestic, global, or transnational? Explain your choice.Assess the appropriateness of this strategy.
External environment in which health care organizations : As you have been learning this week, the external environment in which health care organizations function can greatly influence day-to-day operations and the delivery of services. Health care administrators must therefore pay attention to local..
Indicate whether the production function exhibits decrease : 2. a) For the following firm production function, indicate whether the production  function exhibits decreasing, constant, or increasing returns to scale. yi is the firm i's output, ki is the firm's capital input, and li is the firm's labor input.
How much value did each person add : A dairy maker sells 250$ of milk to a cheese maker. The cheese maker users the milk to make $450 of cheese and sells it to a wholesaler. The wholesaler sells it to a retailer for $600. The retailer sells it for $1200. What is the GDP from this ..

Reviews

Write a Review

Microeconomics Questions & Answers

  Analyze the value of price elasticity of demand

If the ce If the of Pepsi-Cola increases from 40 cents to 50 cents per can and the quantity demanded decreases from 100 cans to 50 cans, then, (according to the arc price elasticity formula,the same formula used in class).

  How should microsoft price products

How should Microsoft price their products?

  Cost measure sellers use to determine whether

The cost measure sellers use to determine whether or not to produce the optimal (i.e. profit maximizing) level of output is:

  Two-thirds of funding for substance abuse treatment

About two-thirds of funding for substance abuse treatment comes from taxpayers. Are there external benefits of substance abuse treatment that warrant this level of public funding?

  Draw a production possibilities curve

Draw a production possibilities curve (PPC) with an aggregate gauge of medical services Q, on the horizontal axis and an aggregate measure of all other goods and services, Z on the vertical axis. Discuss the implications of the following changes on t..

  Electronics company advertises on the local newspaper

Normal 0 false false false EN-US X-NONE X-NONE When an electronics company..

  Which country is experiencing the higher rate of inflation

Suppose P (domestic price) and P* (foreign price) are both increasing. Now suppose that the dollar experiences a 5% nominal depreciation. a. Which country is experiencing the higher rate of inflation if the domestic currency experiences

  Does the company produce managers or leaders

Given the mixed messages of the CEO's speech and the home office corporate culture, does the company produce managers or leaders? Show your work using game theory.

  Use the classical rbc model

Use the classical (RBC) model

  Improve your economic decision making

Purpose of this course is to improve your economic decision making and increase your productivity as an employee or entrepreneur.

  Find the effect of a trade surplus explain the effect of a

find the effect of a trade surplus? explain the effect of a trade deficit? how do trade deficits and surpluses affect

  Examine evolution of the countrys monetary system including

select a foreign country and analyze its monetary system. research the countrys monetary system using at least five

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd