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 58 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
Excellent

lcapri7

  • Member
  • Posts: 350
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Though the United States has largely rejected the metric system, it is used for currency, as in 100 pennies = 1 dollar. Previously, the British currency system was used, with measurements such as 12 pence to the shilling, and 20 shillings to the pound.

Did you know?

The National Institutes of Health have supported research into acupuncture. This has shown that acupuncture significantly reduced pain associated with osteoarthritis of the knee, when used as a complement to conventional therapies.

Did you know?

It is important to read food labels and choose foods with low cholesterol and saturated trans fat. You should limit saturated fat to no higher than 6% of daily calories.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae Demonstration of equal segregation within one meiocyte in the yeast S. cerevisiae
Structural changes in a multisubunit protein undergoing cooperative binding to ligand Structural changes in a multisubunit protein undergoing cooperative binding to ligand
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.
Hill plots of oxygen binding for myoglobin and hemoglobin under physiological conditions Hill plots of oxygen binding for myoglobin and hemoglobin under physiological conditions
Two classical models for the cooperative ligand binding by hemoglobin Two classical models for the cooperative ligand binding by hemoglobin
Understanding Food Claims Not all label claims are created equal! Understanding Food Claims Not all label claims are created equal!
Video: Energy Flow - Trophic Levels and Food

For a complete list of videos, visit our video library