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In December 1994 a man in Ohio decided to deposit all of the 8 million pennies he’d been saving for nearly 65 years. (His deposit weighed over 48,000 pounds!) With a reserve requirement of 12.5 percent, what will be the cumulative change for the banking system in
(a) Transactions deposits?
(b) Total reserves?
(c) Lending capacity?
Assume that household consumption decision suddenly become less sensitive to change in the rate of interest.
Propose at least three methods that governments should employ to reduce their exposure to asymmetric information problems when attempting to identify entrepreneurial projects supported by public funds
austria has a history of strong hostility to nuclear power and over the last twenty years the austrians have shut down
A problem with third-party financing of so much of health care is that
Illustrate what is the name of this type of industry. What is firms and concentration ratio.
A perfectly competitive firm’s profit-maximizing price is $15. At MC = MR, the output is 100 units. At this level of production, average total costs are $12. The firm’s economic profits are
Proponents of zero inflation argue that even mild inflation (1 to 3 percent) reduces the economy's real output. Do you agree or disagree with this assessment? Why?
q1. according to a study of u.s. cigarette sales between 1955 and 1985 when the price of cigarettes was 1 higher
A deposit of $ 40,000 is put in a savings account at an interest rate of 3%. The interest is compounded quarterly, Equal annual withdrawals are to be made from the account, beginning one year from now and continuing forever. What is the maximum annua..
Which of these methods of encouraging growth would you suggest for the typical company in Hong Kong also Singapore
Suppose a country "X" is facing recession. What fiscal and monetary policy will the central bank and the government use to stabilize the economy!! What tools do the central bank and the government have to impact economy!!
Explain how can tax cuts help revive the economy.
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