In Zealand, banks' desired reserve ratio is 20 percent and the ...

[khang]

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.

[fatboyy09]

Answer to Question 1

D

Answer to Question 2

C

[khang]

Correct answers!

[fatboyy09]

Great! Please up vote