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Suppose that Bank One has deposits of $1200, bank capital of $100, reserves at $120 and loans at $1180. What is the maximum write down in the value of the bank's loans that will keep bank capital from falling below $25?
In a market economy,
You Sell Short 100 shares of USG which is currently selling for $55/share, and you pay a fee of $8/share. One year from now USG is selling for $35/share and you decide to Buy to Cover your Short position in USG. How much money did you make or lose?
For a firm to be economically efficient from society's point of view, it should produce at the point at which:
Suppose your firm produces according to a function in which capital and labor are perfect compliments. The wage rate is currently $120 per day and the daily capital cost is $100. If the wage rate falls to $100, does the substitution effect dominate t..
When a nation's currency appreciates, it purchases ______ units of a foreign currency and it is said to _______ .
Suppose Jason has allocated his entire budget to the purchase of apples and bananas. The marginal utility of the last apple purchased is 10 utils and each apple costs 10 cents.
A kinked demand curve is most likely to occur when other firms. The difference between the price firms would be willing to accept for their goods and the price they actually receive is called. Under conditions of perfect competition, maximum profit o..
Draw a set of coordinate axes on a piece of graph paper. label the horizontal axis from 0 to 5 units and the vertica axis from $0 to $20 per unit. draw a demand curve that intersect that vertical at $10 and horizontal axis at 40 units
Now suppose that it costs $20 to migrate to the United States. Who will migrate to the United States? What has happened to the skill level of those who elect to migrate? What has happened to the average skill level in the home country? Why?
Find the equilibrium price and quantity after the shift of the demand curve.
Find the equilibrium price (P), quantity (Q), and revenue in a market characterized by the following equations:
Thomas works in a non-military operation of a large operation that does both non-military and military goods. This company discontinued the production of non-military goods and transferred Thomas to a plant that produced military goods.
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