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

Author Question: A binding price floor i. causes a surplus. ii. causes a shortage. iii. is set at a price above the ... (Read 83 times)

colton

  • Hero Member
  • *****
  • Posts: 627
on: Jun 30, 2018
A binding price floor i. causes a surplus. ii. causes a shortage. iii. is set at a price above the equilibrium price. iv. is set at a price below the equilibrium price.
 a. (i) only
 b. (iii) only
 c. (i) and (iii) only
  d. (ii) and (iv) only

Question 2

If a bank had demand deposits of 50 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. 50 million
 b. 37.5 million
  c. 25 million
 d. 12.5 million


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Jordin Calloway

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

c

Answer to Question 2

b


colton

  • Member
  • Posts: 627
Reply 2 on: Jun 30, 2018
Excellent

Liamb2179

  • Member
  • Posts: 365
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

GI conditions that will keep you out of the U.S. armed services include ulcers, varices, fistulas, esophagitis, gastritis, congenital abnormalities, inflammatory bowel disease, enteritis, colitis, proctitis, duodenal diverticula, malabsorption syndromes, hepatitis, cirrhosis, cysts, abscesses, pancreatitis, polyps, certain hemorrhoids, splenomegaly, hernias, recent abdominal surgery, GI bypass or stomach stapling, and artificial GI openings.

Did you know?

The top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Each year in the United States, there are approximately six million pregnancies. This means that at any one time, about 4% of women in the United States are pregnant.

Cation binding and exchange. Cation binding and exchange.
Graphical representations of ligand binding Graphical representations of ligand binding
Two general models for the interconversion of inactive and active forms of a protein during cooperat Two general models for the interconversion of inactive and active forms of a protein during cooperat
Effect of pH on oxygen binding to hemoglobin Effect of pH on oxygen binding to hemoglobin
Superior view of sphenoid bone in floor of cranium Superior view of sphenoid bone in floor of cranium
The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ... The profit, p(t), made at a fair depends on the price of the ticket, t. The profit is modelled ...
Video: Glomerular filtrate rate: pressures that affect GFR, NFP & GFR and blood composition

For a complete list of videos, visit our video library