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If the desired reserve ratio goes down and banks take money out of reserve and put it into loans, doesn't that mean that the money multiplier comes into effect, affecting the money supply and also the total deposits?
Assume the problems of maximizing solves the first problem if and only if it also solves the second problem.
Whenever a beer company rise its advertising budget 18 percent, the demand for its beer increased 28 percent. What is the advertising elasticity for the company's product.
Utilize the marginal productivity theory of labor demand to predict the impact on the firm's employment level of the following events.
Is a monopolist subject to any competitive pressures? Explain. Would an unregulated monopolist have an incentive to operate and produce efficiently why or why not 2-)Are the following statements both correct Are they inconsistent with each other a..
Suppose a new law establishes a minimum teacher salary that is 20 percent higher than the prevailing salary. How would you expect this law to affect the average quality of teachers and the taxes paid by the typical household
The president of a small industry has been complaining to his controller about rising labor and material costs.
Explain how might knowing this affect you as the manager of a large firm.
What phase of business cycle is the US currently in? Explain in detail. Determine the latest GDP of the United State? How has the GDP changed since the 2007?
What problems arise in estimating whether an equal income distribution is fair or not? Diuscss the difference between income and wealth?
Imagine there are two polluters of a given substance with the following marginal-abatement cost functions MAC1=200-e(1) and MAC2=300-3e(2) where emissions are measured in tons/year and both MAC1 and MAC2 are measure in $/ton. Draw on a graph MAC1...
Plot. U.K. real Output over the 42-Year peroid Put real output on the vertical axis of the graph and the year on the horizontal axis and Estimate potential output by drawing a smooth trend line through the points on the graph. identify any shifts i..
Joining marketsplace or developing countries across the world has presented attractive opportunities to global companies and thus, boosted FDI.
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