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Today, the number of commercial banks in the United States is abouta. 14,800b. 21,000c. 3,000d. 8,000
During the so-called wildcat banking period in the United States,a. there was no central authority in the U.S. banking systemb. abusive banking practices were prevalentc. the National Banking System provided bank note securityd. both (a) and (b)
A major weakness of the National Banking System was the perverse elasticity of the money supply.TrueFalse
The range of reserve requirements that the Board of Governors can set for net transaction accounts isa. 3 to 6 percentb. 8 to 14 percentc. 3 to 14 percentd. 0 to 9 percent
The Federal Reserve currently exercises credit control overa. stock market purchasesb. home financingc. installment salesd. automobile sales
Suppose that you are on holiday in Russia, when suddenly you are arrested and accused of spying for United States.Your captors tell you that if you confess, you will receive a prison sentence of 2-years,
Describe the Internal Environment, specifically the history and development of your organization-- its origins, path of development, competitive environment, inner structure.
Discuss in general the appropriate metrics that one may require to track. Also explain how investing in IT with an eyes towards the replacement or automation of another project or issue or task may work.
Two firms face the demand equation given by P=200,000 -6(Q1 + Q2) where Q1 and Q2 are the outputs of two firms. The total cost equations for two firms are given by: TC1 = 8000Q1 and TC2 = 8000Q2.
Consider a market characterized by the following demand and supply conditions: PX = 15 - 2QX and PX = 3 + 2QX. The equilibrium price and quantity are, respectively, a $3 and 9 units.
Consider a company that uses two inputs. The quantity used of input one is denoted by x_1 and quantity used of input 2 is denoted by x_2.
Firm Z, operating in a perfectly competitive market, can sell as much or as little as it wants of a good at a price of $16 per unit. Its cost function is C=50+4Q+2Q^2. The associated marginal cost is MC=4+4Q, and the point of minimum average cost ..
Calculate the marginal and average variable product of each unit of labor input. Hint: plot your Units of labor and Units of Output vertically. Calculate total, average total, average variable, and marginal costs.
Describe the importance of cost of capital with respect to the actual financial problem of most manufacturing companies.
The most prominent benefit offered by many firms is health insurance. Suppose that in 2000, workers at one steel plant were paid $30 per hour and in addition received health benefits at the rate of $6 per hour.
Determine the present worth of 5 annual deposits of $1,200 at the end of years 1 through 5, followed by 4 equal annual withdrawals of $700 at the end of years 4 through 7. Note that both years 4 and 7 will have a depsoit and a withdrawal. Interest..
Suppose the annual inflation rate is at 2% and 8.5% of the labor force is currently unemployed. If you were on the Fed's Open Market Committee, what action would you prescribe? How would this affect the economy, the inflation rate, and the unemplo..
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