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Q1. Suppose the Required Reserve Ratio = .20 and that a new $100 billion of reserves are injected into the system. By how much might the Money Supply expand if banks choose to lend all excess reserves?
Q2. Consider a production function for an economy: Y = 20 (L.5K.4N.1) where L is labor, K is capital, and N island. In this economy the factors of production are in fixed supply with L = 100, K = 100, and N = 100. a. What is the level of output in this country? b. Does this production function exhibit constant returns to scale. Show by example. c. If the economy is competitive so that factors of production are paid the value of their subsidiary products, what is the share of total income that will go to land?
The ledger of Hixson Company at the end of the current year shows Accounts Receivable $120,000, Sales $840,000, and Sales Returns and Allowances $30,000.
Explain the debate on equal rights, especially as related to marriage, for gay men and lesbians continues. Would you classify this as an issue or as a problem.
A business traveler to Germany who, upon deplaning in Berlin, uses an airport ATM to withdraw 100 Euros from her U.S. bank would receive which kind of exchange rate?
q.the following graph shows the demand as well as curve d of a home country facing the foreign monopoly supplier of a
Assume that Roscoe's Rascals decided to add the pet food line. A copy company wants to expand construction.
Delineate which marketplace participants you believe benefited from the final court decision also whose interests were harmed.
Compute market price, quantity of wheat produced, and the new equilibrium number of farms in this new situation.
Calculate Marginal Revenue from demand if the marginal propensity to save is 0.05, how large is the multiplier.
do we have as consumers to the losers of globalization? Discuss and justify your postings and responses with other students in our course.
Management predicts that if the strike is successful the cost of worker will increase to $100 per day.
What is the total cost to Hildegard of finding a new plot of grass and getting y units of grass from it? Find an expression for her marginal costs and her average cost per patch of grass as a function of the
Quantity of pizzas demanded soared following week from 1 pie an hour to 100 pies an hour. What was price elasticity of demand for Domino's pizza.
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