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If a bank has $100 million in deposits and $16 million in reserves with a reserve requirement of 0.15, (a) How much are its required reserves? (b) How much excess reserves does it have? How much can it lend?
Explain what would be the effect on the dollar/euro exchange rate if economic growth increased in the EMU but not in the United States. Explain what would be the effect on the dollar/euro exchange rate if the price level increased less in the United ..
What is the multiplier?
the demand function for einstein bagels has been estimated as followsqx -15.87 - 40.73px 84.17py 0.55axwhere qx
question 1suppose you have a rare simpsons animation cel that youre looking to sell. you decide to hold an english
First, discuss the decision by doctors to enter seperate markets for various specialities rather than starting a family practice. Second, discuss the monoploy that the American Medical Association holds on the production of doctors in the US and i..
You've recently learned that the company where you work is being sold for $380,000. The company's income statement indicates current profits of $15,000, which have yet to be paid out as dividends.
phillips industries manufactures a certain product that can be sold directly to retail outlets or to the superior
Suppose you have the following demand function for the good x: x* = 80(py/px) - 0.5I. Are goods x and y complements or substitutes? How do you know?. Does good x demand satisfy the first law of demand? Why or why not?
What is the relationship between budget deficits, net exports and savings nexus. Explain why capital flows liberalizations precondition for the "emergence" of emerging markets?
Explain why the marginal revenue of a monopolist is below her demand curve. Please also indicate on the diagram below where the price elasticity of demand is elastic, unitary elastic and inelastic. Briefly explain why this is the case
Frank spends $75 on 10 magazines and 25 newspapers. The magazines cost $5 each and the newspapers cost $2.50 each. Suppose that his MU from the final magazine is 10 utils while his MU from the final newspaper is also 10 utils. According to the utilit..
1. Under the gold standard, there was penalty for running a payments deficit but no penalty for running a payments surplus.2.The Bretton Woods Agreement was intended, in part, to make adjustment more symmetric between deficit and surplus countries..
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