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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 10 percent, what will be the cumulative change for the banking system in
(a) Transactions deposits?
$
(b) Total reserves?
(c) Lending capacity?
Jamal has a utility function U=(w^1/2) , where W is his wealth in millions of dollars and U is the utility he obtains from that wealth. In the final stage of a game show, the host offers Jamal a choice between (A) $4 Million for sure, or (B) a gamble..
How can you justify existence of government-granted monopolies for such public utilities as local telephone service, natural gas.
Elucidate the aggregate expenditure function graphically, labeling your graph with the appropriate numerical values.
A market in which there is an additional transaction that would benefit a buyer, a seller, and any third parties affected by the transaction is called. In the case of spillover benefits or costs,
disposable personal income decrseases by$15 billion and the trade deficit is reduced by $5 billion. Explain by how much have investment, consumption and national income changed.
q1. discuss the pros and cons of annuities when compared with other financial instruments and whether they provide a
Who are the stakeholders and how are they affected by these corporate tax-saving strategies? Do companies have a responsibility to pay a fair share of income tax to local, state, and federal governments? Who determines what that fair share should be?
Illustrate the significance of resource pricing explain rule or criteria of employing for resources under pure and perfect competition.
Continuing with the modified balance sheet with $40 million in Level 3 assets, assume the bank issues an additional $3 million in stock and sells $20 million of its Level 3 assets for cash through the government's troubled asset relief (TALF) program..
what would volume of output would the two alternative yield the same profit 3-if expected annual demand is 12000 units which alternative would tield the higher profit.
q1. assume that a doctor who lives alone hires the services of a maid also pays her 15000 a year to clean his house.
Compute the price of a bundle containing 100 units of good X, 150 units of good Y, and 25 units of good Z.
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