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Suppose the demand for apartment rentals in Lafayette is Q = 1000 - P and the supply of apartment rentals is Q = 4P
Part 1 - What is the equilibrium price and quantity of apartment rentals in Lafayette?
Part 2 - Suppose the government imposes a price ceiling of $150. What is the impact on the equilibrium outcome?
Part 3 - Does this price ceiling necessarily increase consumer surplus? Explain.
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Clear Channel, an owner of radio stations with the Top 40 format, recently bought rock concert promoter Live Nation. How would this affect prices for concert tickets or rates for radio programming?
Both Viacom and Paramount owned a diverse group of entertainment business. QVC was a televised shopping channel. The Paramount board of directors accepted a merger offer from Viacom at a price of $69 per share. QVC and Viacom then entered a biddin..
explain what is meant by fractional reserve banking. relate this to money creation and risk to the bank. which tool of
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The Federal Reserve buy $100 million worth of government securities in open market. If the required reserve ratio is .6, determine the maximum possible increase in the money supply?
according to the federal reserves federal open market committee 2011 thenbspfederal reserve controls the three tools
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