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

Author Question: A price floor will be binding only if it is set a. equal to the equilibrium price. b. above the ... (Read 102 times)

jazziefee

  • Hero Member
  • *****
  • Posts: 505
on: Jun 30, 2018
A price floor will be binding only if it is set
 a. equal to the equilibrium price.
 b. above the equilibrium price.
 c. below the equilibrium price.
 d. either above or below the equilibrium price.

Question 2

If a bank had demand deposits of 80 million and it faced a 25 percent required reserve ratio, it would be able to have a maximum amount of how many dollars worth of loans?
 a. 20 million
  b. 40 million
  c. 60 million
  d. 80 million


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

iman

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


jazziefee

  • Member
  • Posts: 505
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)

sultana.d

  • Member
  • Posts: 320
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Wilson and Simberloff's experiments on the equilibrium model of biogeography. Wilson and Simberloff's experiments on the equilibrium model of biogeography.
Effect of Perceived Price of a Drug on Placebo Analgesia Effect of Perceived Price of a Drug on Placebo Analgesia
A simplified view of ligand binding and conformation energies in hemoglobin A simplified view of ligand binding and conformation energies in hemoglobin
Bending of DNA by binding to CRP–cAMP Bending of DNA by binding to CRP–cAMP
Binding site variation for transcription factor CEBPA along gene PCK1 as determined by ChIP Binding site variation for transcription factor CEBPA along gene PCK1 as determined by ChIP
Planet Z-34 has a mass equal to 1/3 that of Earth, a radius equal to 1/3 that of Earth, and an ... Planet Z-34 has a mass equal to 1/3 that of Earth, a radius equal to 1/3 that of Earth, and an ...
Video: Fertilization and Development

For a complete list of videos, visit our video library