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

Author Question: A price floor will be binding only if it is set a. equal to the equilibrium price. b. above the ... (Read 77 times)

jazziefee

  • Hero Member
  • *****
  • Posts: 505
on: Jun 30, 2018
A price floor will be binding only if it is set
 a. equal to the equilibrium price.
 b. above the equilibrium price.
 c. below the equilibrium price.
 d. either above or below the equilibrium price.

Question 2

If a bank had demand deposits of 80 million and it faced a 25 percent required reserve ratio, it would be able to have a maximum amount of how many dollars worth of loans?
 a. 20 million
  b. 40 million
  c. 60 million
  d. 80 million


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

iman

  • Sr. Member
  • ****
  • Posts: 334
Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

c


jazziefee

  • Member
  • Posts: 505
Reply 2 on: Jun 30, 2018
:D TYSM

ttt030911

  • Member
  • Posts: 315
Reply 3 on: Yesterday
Excellent

« previous next »
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Signs of depression include feeling sad most of the time for 2 weeks or longer; loss of interest in things normally enjoyed; lack of energy; sleep and appetite disturbances; weight changes; feelings of hopelessness, helplessness, or worthlessness; an inability to make decisions; and thoughts of death and suicide.

Did you know?

According to the FDA, adverse drug events harmed or killed approximately 1,200,000 people in the United States in the year 2015.

Patients of all socioeconomic backgrounds should be given equal care. Patients of all socioeconomic backgrounds should be given equal care.
Andrea Palladio, Plan of main floor (piano nobile), Villa La Rotunda. Andrea Palladio, Plan of main floor (piano nobile), Villa La Rotunda.
Turn baby over, placing him or her sideways across your legs if on floor or across pillow. Turn baby over, placing him or her sideways across your legs if on floor or across pillow.
Cooperative vs. noncooperative O2-binding curves Cooperative vs. noncooperative O2-binding curves
DNA binding faces of l Cro, cI repressor, and CRP, showing the helix–turn–helix motif DNA binding faces of l Cro, cI repressor, and CRP, showing the helix–turn–helix motif
The ChIPSeq method screens for specific transcription factor binding sites across a whole genome The ChIPSeq method screens for specific transcription factor binding sites across a whole genome
Video: Simple and Double Sugar

For a complete list of videos, visit our video library