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Suppose that the reserve requirement is 10 percent and the balance sheet of the People's National Bank looks like the accompanying example.
A. What are the required reserves of People's National Bank? Does thebank have anyexcess reserves?
B. What is the maximum loan that the bak could extend?
C. Indicate how the bank's balance sheet would be altered if it extened this loan.
D. Suppose that the required reserves were 20 percent. If this were the case, would thebank be in the position to extend any additional loans?
Calculate medal shares for total medals won, for each country, by year. The medal share for country in a year is the proportion of the total number of medals awarded in that year's Olympics that is awarded to the country. To calculate the me..
What would be the equilibrium quantity and equilibrium price? Assume the Government imposes a $5 per unit tax on the seller, which equation would be affected and how?
If a price ceiling is set below the market equilibrium, what will happen to the quality and future availability of the good.
The demand curve for the product X is given by Qdx = 460 - 4Px. How much consumer surplus do consumers receive when Px = $35?
Discuss how the rights of those in the public sector differ from those in the private sector, and how it affects overall public sector productivity.
A profit-maximizing monopoly faces an inverse demand function described by the equation p(y) = 50 - y and its total costs are c(y) = 10y, where prices and costs are measured in dollars.
In the debate on fixed versus floating exchange rates, the strongest argument for a floating rate is that it frees macroeconomic policy from taking care of the exchange rate.
Does the quantity of trash increase or decrease the willingness to pay for an additional trip?
Which of the following statements about unemployment and inflation is false? A. The short-run Phillips curve demonstrates a negative relationship between unemployment and inflation, whereas the long-run Phillips curve is horizontal because the nat..
State Khinchine's weak law of large numbers and provide a proof of this result. Discuss conditions under which a law of large numbers exists for a sample of independent but heterogeneously distributed random variables.
How will the programs affect the debt? How will they affect private investment? Is crowding out a concern in the short versus long run as a result of the proposed policies?
Atlantis will lose its patent protection, and analysts expect economic profit to be zero after five years and which is also the maximum price investors would be willing to pay for Atlantis Company.
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