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Author Question: When a binding price floor is imposed on a market to benefit sellers, a. no sellers actually ... (Read 89 times)

beccaep

  • Hero Member
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  • Posts: 535
on: Jun 30, 2018
When a binding price floor is imposed on a market to benefit sellers,
 a. no sellers actually benefit.
 b. some sellers benefit, but no sellers are harmed.
 c. some sellers benefit, and some sellers are harmed.
  d. all sellers benefit.

Question 2

If the reserve requirement is 15 percent and a customer makes a new cash deposit of 50,000, how much new excess reserves are created?
 a. 7,500
 b. 33,000
  c. 67,500
  d. 42,500


chloejackso

  • Sr. Member
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  • Posts: 316
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

d


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