« previous next »

Author Question: A war on drugs is waged, and, as a result, a larger quantity of drugs flowing into the United States ... (Read 25 times)

captainjonesify

  • Hero Member
  • *****
  • Posts: 543
on: Jun 30, 2018
A war on drugs is waged, and, as a result, a larger quantity of drugs flowing into the United States is seized and more drug traffickers are arrested. If demand for drugs is relatively elastic, one would expect the total expenditure on drugs to:
 a. decrease.
 b. increase.
 c. stay constant.
 d. There is not enough information available to make a determination.

Question 2

On a certain date the banking system had 2 billion in excess reserves. The legally required reserve ratio was 12.5 percent. Potentially, if these funds were fully loaned out, the banking system as a whole could increase the money supply by a maximum of:
 a. 0.25 billion.
  b. 2.5 billion.
 c. 12.5 billion.
  d. 16 billion


briezy

  • Sr. Member
  • ****
  • Posts: 347
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Allergies play a major part in the health of children. The most prevalent childhood allergies are milk, egg, soy, wheat, peanuts, tree nuts, and seafood.

Did you know?

Multiple sclerosis is a condition wherein the body's nervous system is weakened by an autoimmune reaction that attacks the myelin sheaths of neurons.

Did you know?

Malaria mortality rates are falling. Increased malaria prevention and control measures have greatly improved these rates. Since 2000, malaria mortality rates have fallen globally by 60% among all age groups, and by 65% among children under age 5.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

Many supplement containers do not even contain what their labels say. There are many documented reports of products containing much less, or more, that what is listed on their labels. They may also contain undisclosed prescription drugs and even contaminants.

Andrea Bowers, United States v. Tim DeChristopher. Andrea Bowers, United States v. Tim DeChristopher.
Mechanisms of Action of Drugs Used for Heart Failure Mechanisms of Action of Drugs Used for Heart Failure
Antiretroviral Drugs Used for the Treatment of HIV/AIDS Antiretroviral Drugs Used for the Treatment of HIV/AIDS
Income Inequality in the United States: 1947–2009 Income Inequality in the United States: 1947–2009
Mammoths – Larger Cenozoic Mammals Mammoths – Larger Cenozoic Mammals
Kudzu native to Asia is overgrowing trees across the southeastern United States. Kudzu native to Asia is overgrowing trees across the southeastern United States.
Video: hGH (protein synthesis, growth and development)

For a complete list of videos, visit our video library