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China's official reserve requirement ratio for most banks will be 20.5 percent after the latest increase takes effect (bank's reserve requirement ratio by a half percentage point, effective Thursday). What was the money multiplier in China? a) Before the change in reverse requirements? b) After the change in reserve requirements?
The national debt of many developed nations is projected to grow to unsustainable levels. Why might national legislatures welcome higher inflation? Does inflation offer a means for a country to finance its increasing debt?
Explain how much will your firm's total revenues (revenues from both products) change if you increase the price of good X by 1 percent.
Free trade will affect a country's employment in different industries. When one individual writes a check to another individual the money supply will not be changed. A bank's required reserves are the fraction of deposits they are required by law to ..
What are your thoughts about the role of international institutions ( WTO, IMF and World Bank) on providing order and reducing uncertainty in the global economy?
Originality -does this paper make a contribution to body of scientific literature -does it tell us sth didnt know before -learn sth?
Joe won $365,000 a year for life in the state lottery. Use the labor-leisure choice analysis to answer the following. show how Joe's lottery winnings affect the position of his budget line. Joe's utility function for goods per day (Y) and hours of le..
Describe briefly one trade topic identified by the WTO on the website. And, what did you learn from the Web site about the WTO.
Using a wholesale price of $4 per case in each state, calculate the breakeven output quantities for each alternative.
The link between the money market and the goods and services market exists through the impact of
When the actual Lorenz curve is as far away from the 45-degree line as possible, there is. One way to reduce the degree of income inequality is to. The Gini coefficients for countries A and B are 0.25 and 0.30, respectively. We can definitely conclud..
Illustrate what are influence of following changes in policies on private saving and national saving. New policy: Increase in government purchases by $100 and taxes by $80. (MPC=0.7) Estimate amount of changes.
Gene has the following utility function: U = XY + 2Y, the Px = $4, the Py = $1 and I=$6. Is the MRSx,y increasing, decreasing, or constant with respect to X? What is the slope of the budget constraint? Find the optimal X and Y.
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