This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Money in the United States today includes _______. A. currency and deposits at both banks and the ... (Read 37 times)

Capo

  • Hero Member
  • *****
  • Posts: 545
on: Jun 29, 2018
Money in the United States today includes _______.
 
  A. currency and deposits at both banks and the Fed
  B. the currency in people's wallets, stores' tills, and the bank deposits that people and businesses own
  C. currency in ATMs and people's bank deposits
  D. the banks' reserves and bank deposits owned by individuals and businesses

Question 2

How do we know when a market is contestable?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bulacsom

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 29, 2018
Answer to Question 1

B Only currency outside of banks is part of money.

Answer to Question 2

A market is contestable when barriers to entry are low. Economic profits encourage new entrants into a market. If they can succeed, then the market is contestable and the market power of the incumbent firm will be diminished.


Capo

  • Member
  • Posts: 545
Reply 2 on: Jun 29, 2018
Excellent

kusterl

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

The Centers for Disease Control and Prevention has released reports detailing the deaths of infants (younger than 1 year of age) who died after being given cold and cough medications. This underscores the importance of educating parents that children younger than 2 years of age should never be given over-the-counter cold and cough medications without consulting their physicians.

Did you know?

The familiar sounds of your heart are made by the heart's valves as they open and close.

Did you know?

Green tea is able to stop the scent of garlic or onion from causing bad breath.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

For about 100 years, scientists thought that peptic ulcers were caused by stress, spicy food, and alcohol. Later, researchers added stomach acid to the list of causes and began treating ulcers with antacids. Now it is known that peptic ulcers are predominantly caused by Helicobacter pylori, a spiral-shaped bacterium that normally exist in the stomach.

Directional drilling taps multiple oil deposits Directional drilling taps multiple oil deposits
The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own The Kingsley plantation, on Fort George Island in Jacksonville, Florida. Zephaniah Kingsley, the own
The WISER entry for hydrogen cyanide (bottom). Useful information includes detailed health ... The WISER entry for hydrogen cyanide (bottom). Useful information includes detailed health ...
Selling Today: Partnering to Create Value (Manning/Ahearne/Reece) Selling Today: Partnering to Create Value (Manning/Ahearne/Reece)
The Economics of Money, Banking and Financial Markets, Business School Edition The Economics of Money, Banking and Financial Markets, Business School Edition
Survivorship curves for people in the United States in the early 20th and early 21st centuries Survivorship curves for people in the United States in the early 20th and early 21st centuries
Video: Primate Evolutionary Tree Animation

For a complete list of videos, visit our video library