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If the reserve requirement were cut in half, the banking system's ability to extend loans would bea. increased by 50 percentb. reduced by 100 percentc. increased by 25 percentd. nearly doubled
If one city has a higher CPI than another city, the city with the higher CPI must have a higher cost of living.TrueFalse
The Financial Services Modernization Acta. reinforced the Glass Steagall Actb. prevented mergers of banksc. eliminated barriers between banks, brokerage houses, and insurance companiesd. eliminated all banking regulations
Within certain limits, the reserve requirement for checkable deposits are established bya. Congressb. the U.S. Presidentc. each Federal Reserve Bankd. the Board of Governors
Branch banking can now be carried our regionally and even nationally.TrueFalse
Write a small research paper (critique) about 3 pages double spaces where the main focus is Cost Functions (Model of Short-Run Cost Functions) in the paper include some examples
Company A plans to produce 300,000 units next year, the production budget is: Compute the total cost and cost per unit when the unit production is changed to 315,000 units.
Calculate John's maximum daily profit and what is John's supply curve? Mathematically represent and then explain.
when a variable grows at constant rate, then the graph of the ln of the variable is a linear function of time, with slope that is approximately equal to the growth rate of the original variable (when that growth rate is small). Usin..
How does your analysis of VMP change if the employer is a monopolist producer of its output but a price-taker in the labor market?
Describe a market situation in which the operating company faces economic difficulties and need to cut costs. What cost cutting strategies may the operating company employ to remain profitable?
Julia must select between two different designs for preventing closure, which will be in use indefinitely. Model 1st has a life of 3-years and cost of $8000, and maintenance of $1000 every year.
The Haas Corporation's executive vice president circulates the memo to the firm's top management in which he argues for reduction in price of firms product. He says such a price cut will raise the firms sales and profits.
Draw a budget constraint and an indifference curve for an individual who works in period one and is retired (earns no income) in period two. He consumes some of his income in period 1 and saves the rest of his income for period 2.
As a result of increased tensions in the Middle East, oil production is down by 1.2 million barrels per day-a 5 percent reduction in the world's supply of crude oil.
Suppose that the allocatively efficient output level in long-run equilibrium is 210 meals. Is the deadweight loss for this firm greater than or less than $60?
W(sub)a= 1/a1(Y1)+1/a2(Y2)+1/a3(Y3)+1/a4(Y4) where a(i) are the constants. a) What restriction on the ai is needed for Wa to be an unbiased estimator of mu? b) Find the variance of Wa.
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