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If $1,000 in reserves is added to the banking system that has a required reserve ratio of 20%, and the demand for loans leads to no excess reserves being left in the system, by how much will the money supply increase?
Suppose the demand curve for a monopolist is QD = 500 - P, and the marginal revenue function is 500 - 2Q. The monopolist has a constant marginal and average total cost of $50 unit. a. Find the monopolist's profit maximizing output and price. b. Calcu..
Why is it important for managers to understand the mechanics of supply and demand both in the short run and in the long run What are some examples of companies whose business was either helped or hurt by changes in supply or demand in the markets
Compare and contrasteconomic rational choice theory with sociological strain theory. Economicrational choice theory is the foundation of neoclassical micro andmacroeconomics . Sociological strain theory was originally formulated by RobertMerton in "S..
Suppose that you have just read a review of the literature of the effect of beauty on earnings.
Given a uniform rate of interest of 9% and a uniform life of the projects of 10 years each, calculate the NPVs of each Project. Should we choose Projects A, C, D or Projects A, B, D. Describe
you are considering an investment that will enable you to produce a new product. your market research has indicated
a florist earns a profit of 2.00 on each bunch of carnations 3.00 on each bunch of lilies and 1.00 on a bunch of roses.
Determine what changes (if any) in the relative proportions of labor and materials are needed to operate efficiently
An analysis of budget line items, costs, sources of revenue, and deficits
Suppose the U.S. and Mexico both produce 2 goods, tablets and cereal, using 2 inputs, capital (K) and labor (L). The production of tablets is capital-intensive, and that of cereal is labor-intensive. The U.S. is a capital-abundant country, and Mexico..
Use the IS-LM model to determine the effects of each of the following on the general equilibrium values of the real wage, employment, output, real interest rate, consumption, investment, and price level.
Which one, shirts or sweaters, has a demand elasticity that will allow you to increase the price, sell fewer units BUT still increase your revenues?
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