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

Author Question: Suppose the reserve ratio is RR. Then, A) required reserves = RR excess reserves. B) required ... (Read 123 times)

scienceeasy

  • Hero Member
  • *****
  • Posts: 565
on: Jun 29, 2018
Suppose the reserve ratio is RR. Then,
 
  A) required reserves = RR  excess reserves. B) required reserves = RR  loans.
  C) required reserves = RR  deposits. D) required reserves = RR  actual reserves.

Question 2

Refer to Table 4-3. The table above lists the marginal cost of polo shirts by Marko's, a firm that specializes in producing men's clothing. If the price of polo shirts decreases from 15 to 10
 
  A) producer surplus will fall from 13 to 3.
  B) consumers will buy no polo shirts.
  C) there will be a shortage of polo shirts.
  D) the marginal cost of producing the third polo shirt will increase to 25.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

apple

  • Sr. Member
  • ****
  • Posts: 352
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

A


scienceeasy

  • Member
  • Posts: 565
Reply 2 on: Jun 29, 2018
Gracias!

ultraflyy23

  • Member
  • Posts: 312
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

Computer programs are available that crosscheck a new drug's possible trade name with all other trade names currently available. These programs detect dangerous similarities between names and alert the manufacturer of the drug.

Did you know?

Cocaine was isolated in 1860 and first used as a local anesthetic in 1884. Its first clinical use was by Sigmund Freud to wean a patient from morphine addiction. The fictional character Sherlock Holmes was supposed to be addicted to cocaine by injection.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

Did you know?

A cataract is a clouding of the eyes' natural lens. As we age, some clouding of the lens may occur. The first sign of a cataract is usually blurry vision. Although glasses and other visual aids may at first help a person with cataracts, surgery may become inevitable. Cataract surgery is very successful in restoring vision, and it is the most frequently performed surgery in the United States.

On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major On average, the ratio of carbon to nitrogen is much higher in terrestrial plants than in other major
Forages, such as hay, are required by all horses Forages, such as hay, are required by all horses
Chinese officials have become concerned about the lopsided gender ratio that their “one couple, ... Chinese officials have become concerned about the lopsided gender ratio that their “one couple, ...
The oxygen sensor provides a quick response at the stoichiometric air–fuel ratio of 14.7:1. The oxygen sensor provides a quick response at the stoichiometric air–fuel ratio of 14.7:1.
Find angles (in radians) from trigonometric ratio Find angles (in radians) from trigonometric ratio
Video: Factors that influence muscle tension - Sarcomere length and force, understretched and overstretched

For a complete list of videos, visit our video library