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Third National Bank has reserves of $20,000 and checkable deposits of $100,000. The reserve ratio is 20%. Households deposit $10,000 in currency into a checking account at the bank and that currency is added to reserves. What level of excess reserves does the bank now have? $
assume that the marker for tradable emissions permits by power plants has been operating efficiently for several years.
what is the difference between real and nominal gdp? does gdp accurately reflect the nations welfare? why or why not?
assume that you have been appointed as the speaker of the house. you must deliver a speech about the current state of
When it is observed that as the price of Mercedes-Benz cars rises, the quantity demanded also rises, what might one likely explanation be? What accounts for specialization?
People who drive hybrid automobiles recycle their trash more than people who do not drive hybrids. Therefore,recycling trash causes people to drive hybrid automobiles.
People expected that a tax cut was temporary, then this fiscal policy's effect on the economy will tend to be and the economy is at equilibrium at Point B. What would expansionary fiscal policy do
You would like to determine if the average golf scores for women are different from the average golf scores for men. A random sample of female students scored an average of 115 with 95% confidence interval (112, 118). A random sample of male stu..
the demand curve for a product is given by qdx 1000 - 2px .02pz where pz 400. hintnbsp if youre not comfortable with
What will price and output be if there is no dominant firm Now assume that there is a dominant firm, whose marginal cost is constant at $6. Derive the residual demand curve that it faces and calculate its profit-maximizing output and price.
the us navy is building an aircraft carrier. price 12 billion. there are about 300 million people in the us. suppose
VMIC Corporation has asked you to look at the following data. The interest rate is 10 percent.
Pham can work as many or as few hours as she wants at the college bookstore for $9 per hour. But due to her hectic schedule, she has just 15 hours per week that she can spend working at either the bookstore or at other potential jobs
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