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Suppose that the reserve requirement is 10 percent and the balance sheet of the People's National Bank looks like the accompanying example.
a. What are the required reseves of People's National Bank? Does the have any excess reserves?
b. What is the maximum loan that the bank could extend?
c. Indicate how the bank's balance sheet would be altered if it extended this loan.
d. Suppose that the required reserves were 20 percent. If this were the case, would the bank be in a position to extend any additional loans? Explain.
distnguish betweenNational income at market price and National Income at factor cost, explain the importance of the distinction
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what are the opportunity cost?
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A sample of 57 mutual funds was taken and the mean return in the sample was 14.1% with a standard deviation of 9.2%. The return on a particular index of stocks (against which the m
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subjective questions on national income determination
Need answers for problems after chapters 10, 11 & 12 for Macroeconomics in Aplia.com. Need today or tomorrow. Can you help?
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