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

Author Question: The table shows the balance sheet for Ralph's Bank. If the desired reserve ratio is 15 percent, the ... (Read 50 times)

kamilo84

  • Sr. Member
  • ****
  • Posts: 495
on: Jun 29, 2018
The table shows the balance sheet for Ralph's Bank. If the desired reserve ratio is 15 percent, the maximum additional amount that Ralph's Bank can loan is equal to ________.
 
  A) 50
  B) 500
  C) 450
  D) 2,500

Question 2

What happens to the real wage rate and potential GDP if population increases?
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

johnpizzaz

  • Sr. Member
  • ****
  • Posts: 345
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

An increase in population increases the supply of labor. As a result, the labor supply curve shifts rightward. The labor demand curve does not shift. The increase in the supply of labor means that employment increases and the real wage rate falls. The economy moves along its (unchanged) production function to a higher level of potential GDP.


kamilo84

  • Member
  • Posts: 495
Reply 2 on: Jun 29, 2018
Great answer, keep it coming :)

vickyvicksss

  • Member
  • Posts: 351
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

In women, pharmacodynamic differences include increased sensitivity to (and increased effectiveness of) beta-blockers, opioids, selective serotonin reuptake inhibitors, and typical antipsychotics.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

Did you know?

On average, the stomach produces 2 L of hydrochloric acid per day.

Did you know?

It is believed that the Incas used anesthesia. Evidence supports the theory that shamans chewed cocoa leaves and drilled holes into the heads of patients (letting evil spirits escape), spitting into the wounds they made. The mixture of cocaine, saliva, and resin numbed the site enough to allow hours of drilling.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

A cheetah strangling an impala, Timbavati Game Reserve, South Africa A cheetah strangling an impala, Timbavati Game Reserve, South Africa
Any number of crossovers gives 50 percent recombinants Any number of crossovers gives 50 percent recombinants
How to graph line equations without a table of values How to graph line equations without a table of values
Standing at the head of the table, apply oil or lotion to the entire back and shoulders with ... Standing at the head of the table, apply oil or lotion to the entire back and shoulders with ...
Table Tennis Racket Table Tennis Racket
Table - Correlation Analysis Table - Correlation Analysis
Video: Cell mediated immune response to a viral infection Animation

For a complete list of videos, visit our video library