Demand deposits $125,000,000 Time deposits: Original maturity (less than 18 months): $1 billion Original maturity (18 months or more): $500 million Use the information above to find this bank's required reserves.
What will be an ideal response?
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In a small European country, it is estimated that a $10,000 increase in capital per hour worked will increase real GDP per hour worked by $300. Based on this information, what is the slope of the per-worker production function in this range?
A) 0.03 B) 3.3 C) 33.3 D) 333
Consider two industries, industry W and industry X. In industry W there are five companies, each with a market share of 20% of total sales. In industry X, there are six companies
One company has a 50% market share and each of the other five firms has a market share of 10%. a. Calculate the four-firm concentration ratio for each industry. b. Calculate the Herfindahl-Hirschman Index (HHI) for each industry. c. What do the values of the two concentration measures imply about the degree of market power in the two industries? Figure 15-18
Suppose a labor market has perfectly inelastic supply that is composed of union and non-union workers, and both groups of workers initially earn the perfectly competitive wage
What happens to the equilibrium employment level and wage for union workers if the union exercises its bargaining power? A) Both increase. B) Employment increases and wage declines. C) Wage increases and employment declines. D) Both decline.
If Bob earns $20,000 a year and pays $2,000 in taxes, and Cindy earns $40,000 a year and pays $4,000 in taxes, then Bob’s tax rate is _______ and Cindy’s tax rate is_____.
A. 5%, 10% B. 2%, 4% C. 10%, 10% D. 20%, 10%