One of the services the fed provides to commercial banks

Assignment Help Microeconomics
Reference no: EM13698259

Which of the following is not one of the services the Fed provides to commercial banks?

a. Clearing checks

b. Insuring customer accounts for up to $100,000

c. Supplying currency

d. Holding reserves

e. Occasionally lending money

If the price of one good change whiles other prices are held constant,

Select one:

a. there is an income effect as real income changes.

b. there is a substitution effect as relative prices change.

c. the marginal utility per dollar spent on that good will change.

d. the quantity demanded of that good will change.

e. All of these choices.

Reference no: EM13698259

Questions Cloud

Period -expressed in base-year dollars of value : Suppose that since some base year, the the price index (or GDP deflator) has increased from 100 to 125. During the same time period, NOMINAL GDP has increased from $500 billion to $600 billion. What is the value of REAL GDP at the end of this period ..
Write the null hypothesis for the following claim and procee : Suppose we have an unrestricted model (i subscripts are omitted) Y =β1 + β2X2 + β3X3 + β4X4 + β5X5 +u Write down the restricted models and m (number of restrictions) for the following null hypotheses. Make sure your answer is a regression equation..
According to human skills theory of comparative advantage : According to the human skills theory of comparative advantage, developing countries would be expected to have a(n). After-transfers family income is the sum of
The distribution of family income is preferable : The distribution of family income is preferable than the distribution of household income because. The long-run average-total-cost curve does not connect the minimum points of each of the short-run average-total-cost curves.
One of the services the fed provides to commercial banks : Which of the following is not one of the services the Fed provides to commercial banks? If the price of one good change whiles other prices are held constant,
Project that provides annual cash flows : A project that provides annual cash flows of $11,600 for 9 years costs $64,230 today. If the required return is 5 percent, the NPV for the project is $ and you would (Click to select)acceptreject the project. At a discount rate of percent, you would ..
How many propane tanks will be needed : Each propane tank for a grill holds 9.07kg of propane. If it takes 16.8 kJ of energy to cook the 3000 cheeseburgers need for the company picnic, how many propane tanks will be needed?
Analyze the ethical principles of the theories : Create a chart in a Microsoft Word document comparing the four selected theories. Your chart must include the following: .A description of the basic tenets of each theory.
Which is the major contributor to the linewidth : Which is the major contributor to the linewidth, T2 or T2inh? Discuss the assumption that T2=T1 for NMR. This is not true for other types of spectroscopy(electronic for instance).

Reviews

Write a Review

Microeconomics Questions & Answers

  Adverse selection problem

John have many ice cream stores located across the nation. John does not like to work evenings and employee Marcy to work the store in the evening for $7.50 each hour.

  Investments in low-rated corporate bonds

A stockbroker has proposed two investments in low-rated corporate bonds paying high interest rates and selling at steep discount (junk bonds). The bonds are rated as equally risky and both maure in 15 years.

  How to maximize the profit?

Assume a certain firm in a competitive market is producing Q = 1,000 units of output. At Q = 1,000, the firm's marginal cost equals $15 and its average total cost equals $11. The firm sells its output for $12 per unit.

  Drawing the economy production possibilities

Discuss how does the existence of money decrease the expenses of making transactions, relative to a society based entirely on barter?

  Determining nash equilibrium

Think that the following data for a simultaneous move game. If you advertise and your rival advertises, you each earn $5 million in profits.

  Develop the realistic scenario which illustrates

create a realistic scenario that illustrates the aggregate-demand aggregate-supply model. in your scenario you should

  What is the equilibrium level of income

Consider a closed economy, where the price level P is constant and equal to 4.You are given the following additional information:

  Desacribe any constitutional clauses that will or may

law and the court system the law firm for which you work is in the state of louisiana and is in the process of

  What is the opportunity cost of taking this trip

You plan a major adventure trip for the summer. You won’t be able to take your usual summer job that pays $6,000, and you won’t be able to live at home for free. The cost of your travel

  Which is more likely to shift long-run aggregate supply

Consider two tax policies: a tax cut which will last for only 1 year and a tax cut that is expected to be permanent. Which policy will have the greater impact on aggregate demand Which is more likely to shift long-run aggregate supply

  Consider a three-year fixed-payment security

The present value of a perpetuity that pays $F every year when the annual rate of discount is i is? Consider a three-year fixed-payment security that has a present value of $1,000. If the annual rate of discount is 7 percent, the payment made at the ..

  Elaborate the logic of economics

What do we mean when we refer to basic economic difficulties of what to manufacture, how to manufacture, and for whom to manufacture?

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd