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

Author Question: In Zealand, banks' desired reserve ratio is 20 percent and the currency drain also equals 20 ... (Read 161 times)

khang

  • Hero Member
  • *****
  • Posts: 569
on: Jun 29, 2018
In Zealand, banks' desired reserve ratio is 20 percent and the currency drain also equals 20 percent. The money multiplier equals ________.
 
  A) 2.18
  B) 3.33
  C) 5.0
  D) 3.0

Question 2

In order to be able to price discriminate and maximize profit, a monopolist must be able to do all of the following EXCEPT
 
  A) identify and separate different buyer types.
  B) sell a product that cannot be resold.
  C) identify competitors.
  D) determine the output where marginal revenue equals marginal cost.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

fatboyy09

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


khang

  • Hero Member
  • *****
  • Posts: 569
Reply #2 on: Jun 29, 2018
Correct answers!


fatboyy09

  • Sr. Member
  • ****
  • Posts: 358
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Certain chemicals, after ingestion, can be converted by the body into cyanide. Most of these chemicals have been removed from the market, but some old nail polish remover, solvents, and plastics manufacturing solutions can contain these substances.

Did you know?

Individuals are never “cured” of addictions. Instead, they learn how to manage their disease to lead healthy, balanced lives.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

A cheetah strangling an impala, Timbavati Game Reserve, South Africa A cheetah strangling an impala, Timbavati Game Reserve, South Africa
Sperm Whale tail in Kaikoura, New Zealand Sperm Whale tail in Kaikoura, New Zealand
Harlem’s Promise Academy has a record of graduating and sending to college more than 90 percent ... Harlem’s Promise Academy has a record of graduating and sending to college more than 90 percent ...
A mere one-half percent of Americans owns over a quarter of the entire nation’s wealth. Very few ... A mere one-half percent of Americans owns over a quarter of the entire nation’s wealth. Very few ...
Energy Balance Is Achieved When Energy (Calories) In Equals Energy (Calories) Out Energy Balance Is Achieved When Energy (Calories) In Equals Energy (Calories) Out
Video: Role of the urinary system - acidosis and alkalosis

For a complete list of videos, visit our video library