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 103 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
:D TYSM

scikid

  • Member
  • Posts: 300
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Approximately 70% of expectant mothers report experiencing some symptoms of morning sickness during the first trimester of pregnancy.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

5-25 Induced fit in the binding of an antigen to IgG 5-25 Induced fit in the binding of an antigen to IgG
How to create a price index to calculate inflation for a basket of goods How to create a price index to calculate inflation for a basket of goods
Cooperative vs. noncooperative O2-binding curves Cooperative vs. noncooperative O2-binding curves
A simplified view of ligand binding and conformation energies in hemoglobin A simplified view of ligand binding and conformation energies in hemoglobin
Mapping the Ocean Floor Mapping the Ocean Floor
The price of rice in a small country is currently $6 per pound. In order to help low-income ... The price of rice in a small country is currently $6 per pound. In order to help low-income ...
Video: Resting membrane potential - electrical polarity and maintenance requirements

For a complete list of videos, visit our video library