User Account

All Pages

Why does carlos use the atm more frequently

Assignment Help Macroeconomics
Reference no: EM13321185

Interest Rates and ATM Trips.Carlos, who lives in a country where interest rates are very high, goes to an ATM every day to get $10 of spending money. Art,who lives in a country with relatively low interest rates, goes to the ATM once a month to get $300 of spending money. Why does Carlos use the ATM more frequently?

Reference no: EM13321185

Questions Cloud

Determine the corresponding value of the normal stress : a 60 -m- long steel wire must not strech more than 48mm when the tension in the wire is 6 kn. determine the corresponding value of the normal stress.
Explain why your chosen product would be a good candidate : Identify a product that could be promoted using a social networking site such as Facebook. In about 100 words, explain why your chosen product would be a good candidate for a social networking-based promotion strategy.
Find length of pipe needed to bring water to saturated vapor : Saturated liquid water at 1000 kPa flows at 2 kg/s inside a 10 cm outer diameter steel pipe and outside of the pipe is a flow of hot gases at 1000 K with a convection coefficient of h = 150 W/m2 K.
Regardless of whether the short run or the long run is being : Regardless of whether the short run or the long run is being considered, a firm should continue to operate as long as its price is greater than its average variable cost
Why does carlos use the atm more frequently : Interest Rates and ATM Trips.Carlos, who lives in a country where interest rates are very high, goes to an ATM every day to get $10 of spending money
Determine the asd reference and adjusted design values : Determine the ASD reference and adjusted design values for the following members and loading conditions. All members are Select Structural Southern Pine and are fully braced to prevent lateral torsional buckling.
Performance based factors and measures for quality assessmen : Performance Based Factors and Measures for Quality Assessment
How far would it have traveled as observed on earth : Suppose a muon produced as a result of a cosmic ray colliding with a nucleus in the upper atmosphere has a velocity v = 0.9500c. How far would it have traveled as observed on earth
Calculate maximum external pull in each gear of a tractor : calculate maximum external pull in each gear of a tractor when given speed, slope, weight, and rolling resistance

Reviews

Write a Review

Macroeconomics Questions & Answers

  Contractionary fiscal policy

Describe what effect a contractionary fiscal policy would've on the price level and real GDP starting from full employment equilibrium.

  Illustrate why do the classical or monetarist schools

Illustrate why do the Classical or Monetarist schools of economic thought maintain that monetary stimulus is doomed to be ineffective in the long run.

  Pricing and output of monopolies

As the manager of monopoly, you face potential government regulation. Findout the monopoly price and output.

  Average and marginal costs

Earlier this year the increasing price of tortillas resulted in major protests in Mexico City combined with a warning from Mexican central bank that this may fuel rising inflation.

  Is it wrong to use the total income test for elasticity

Is it wrong to use the total income test for elasticity, when there is a direct relationship between price and total revenue the demand is elastic.

  Design a diagram showing the monopoly equilibrium

Consider a price ceiling imposed on a monopoly that is set below competitive price. Make a diagram showing the monopoly equilibrium in this case.

  If the table shows the demand faced by a monopoly

if the table shows the demand faced by a monopoly company then what is that firms marginal revenues as it increases output from 100 units to 300 units.

  Why the aggregate supply curve becomes increasingly steeply

Explain why the Aggregate Supply curve becomes increasingly steeply sloped at levels of RGDP near "full employment" and becomes especially steeply sloped beyond "full employment" RGDP (hint: this topic is not discussed in your text. you will need ..

  Is the usps also a natural monopoly

The U.S Postal Service (USPS) is a monopoly because the federal government has blocked entry into the market for delivering first-class mail. Is the USPS also a natural monopoly How can we tell  what would happen if the law preventing competition ..

  Determine the full economic price paid by consumers

Determine the quantity demanded, the quantity supplied, and the magnitude of the surplus if a price floor of $42 is imposed in this market. Determine the quantity demanded,the quantity supplied, and the magnitude of the shortage if a pride ceiling..

  Decision price levels and supply or demand

In the early part of the past decade, there was an overproduction of coffee. The value dropped so low that manufacturer' costs were higher than the market value.

  Find equilibrium using rollback-what are equilibrium payoffs

If an absolute majority approve the plan, then they proceed according to the plan. If he fails to pass his proposal by an absolute majority, then P1 must walk the plank, and it becomes P2's turn to propose a distribution of the coins among the rem..

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!

Submit Assignment

Academics

Major Subjects

Majors

Get In Touch

whatsapp: +1-415-670-9521

Phone: +1-415-670-9521

Email: [email protected]

TERMS & POLICIES

HELP & SUPPORT

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