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Suppose in the banking system as a whole, demand deposits are equal to $80,000,000 and reserves are equal to $17,000,000 with a legal reserve ratio of 10%. If the Fed doubles the required ratio, by how much will the money-creating potential (also known as the maximum lending potential) of the banking system as a whole drop?
Suppose the following table describes the marginal costs and marginal benefits of waste (garbage) reduction. What is the optimal amount of garbage What is the situation if no garbage is allowed to be produced Percentage of Waste Eliminated/Marginal..
Describe the economic situations when your position can be successfully implemented and when it may be doomed to failure.
This would be a good chance to point out one very important information. We associate monetary rule with lower or higher interest rates, but what most people do not realize is that the Fed is actually doing is changing money supply
Illustrate what is the price elasticity of demand. From the price elasticity elucidate the new rates be for 2009 if the demand increases at the same rate.
Assume total benefits also total costs are given. Elucidate level of Y will yield the maximum net benefits.
Discuss how your answer relates to the income and substitution effects of a price change from Knoxville food prices to Berkeley food prices.
National income is initially at its equilibrium level when desired investment falls and a fall in national income, but not by as much as the fall in desired investment
Is energy efficiency the same as economic efficiency? Explain. Under what circumstances would the energy-efficiency automobile described her be economic efficient?
If I have to lay-off 19 employees as the company is upside down -$1878.00 after total cost. So, by cutting staff of 19 with a salary of $100 per day, an eight hr day, how much will I save.
Write a letter that is no longer than 2 pages that responds to a customer complaint. You can either imagine that your company has received a complaint from a customer or client about a product, policy, or service, or you can work from a real life ..
Elucidate how OPEC would determine the price of oil and the level of output produced by the cartel. How would OPEC's price and output be affected by new discoveries of oil.
Suppose in country Triniland employers are required to pay overtime at 50% above the normal wage rate for workers who work beyond 8 hours a day.
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