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Author Question: In Zealand, banks' desired reserve ratio is 20 percent and the currency drain also equals 20 ... (Read 115 times)

khang

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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.


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fatboyy09

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Reply #1 on: Jun 29, 2018
Answer to Question 1

D

Answer to Question 2

C


khang

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Reply #2 on: Jun 29, 2018
Correct answers!


fatboyy09

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Reply #3 on: Jun 29, 2018
Great! Please up vote :D


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