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Suppose a bank has demand deposits of $2500, excess reserves of $125, and a reserve requirement of 25 percent. what is the loss in the money expansion process of the whole banking system if the bank decides to lend out only $100?
Jimmy and Ronnie are shipwrecked on a deserted isle. Jimmy has with him 20 bags of peanuts and 4 bags of jellybeans. Ronnie has 5 bags of peanuts and 16 bags of jellybeans. Draw the Edgeworth box including their endowment point. Put Peanuts on x-axis..
What is the value of net domestic product (NDP)? What is the value of national income (NI).
What is the optimal production quantity for the card - Los Angeles, Santa Monica, Hollywood, and Pasadena. Based on past data, the number of customers from each of the four regions is normally distributed with mean 4,700 and standard deviation 700.
A 15-year annuity pays $2,200 per month, and payments are made at the end of each month. If the interest rate is 10 percent compounded monthly for the first seven years, and 6 percent compounded monthly thereafter, what is the present value of the an..
Identify a topic that you think is an important one for near-term research by environmental economists. What advances in knowledge would you hope emerged from it, and how could it be used to inform environmental policy? Be specific. And make sure you..
Suppose it costs $30 for each lobster trap set. Lobsters sell for $15. If X traps are set, the harvest rate of lobsters, L, as a function of the number of traps, is given by: L = 45 X –X2. With no restrictions on the number of traps, and open access ..
What is the confidence interval for the proportion of households represented at a town meeting. Survey of households in a small town showed that in 850 of 1,200 sampled households.
Demand and supply of certain resources in Australia and factors other than price which affect demand and supply
Can you detect any difficulties that the Federal Reserve System might encounter in implementing monetary policy.
Estimate parameters of the model from the following data by using OLS method. b) What is the estimate of error variance in the above case? c) Find the value of R square for the above data.
Identify the features that define the future of e-commerce. Which of these, in your opinion, are the most lasting?
An investor is considering the construction of a new marina on the Detroit river at a cost of $68m. M&O costs will average $80,000 per year for the first five years, and rise to $100,000 per year thereafter. A major overhaul costing $12m will be requ..
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