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Running a bank, the current reserve ratio mandates holding reserves equal to 20 percent of deposits. If someone deposits $100,000, by how much will the money supply in the economy increase?
Illustrate distinguish between the functional distribution and personal distribution of income.
A person is using the normal distribution to determine the safety stock for a product. What "z" value would be associated with a 90 percent service level? Suppose that lead-time demand is normally distributed with a mean of 100 units and a standard d..
Illustrate what basic principles does production possibilities (or transformation) curve. Consider where an increase in production of one good requires an increase or decrease in production of or goods when K and L are held constant.
You are assigned to work on a local healthcare committee in a metropolitan area. There is a plan to bring a new healthcare delivery system to the area. You are tasked with deciding which of the four different organized healthcare delivery system mode..
Depends on economic casebook how much does it cost to make a pair of nike shoes international.
Suppose a duopoly and let demand be specified by P=A-BQ. In accumulation both firms have same marginal cost c. Interaction between the two firms will be frequent infinite.
Swap arrangements among national central banks
He is going to travel the world this summer and won't be working. How much must be set aside in his savings account for the 3-month summer to cover his rent for next year? The savings account earns 3% with monthly compounding.
The timeline should also reflect that it costs $2,000 for the loan origination fees. 4. What is the rate of return on your investment now? use excel.
Assume some pencil workers switch to jobs in the growing computer industry
The demand for cigarettes is price inelastic, but not perfectly inelastic. The supply of cigarettes is elastic, but not perfectly elastic. If there were no price controls or other complicating regulations, what would a model of supply and demand ther..
If the marginal product curve is increasing from workers 1-89 and then decreases steadily, crossing the horizontal axis at 190 workers, we know that the total output curve increases from workers 1-89, decreases from workers 90-189, and becomes 0 at t..
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