Refer to Table 9-3. If the required reserve ratio is 10%, what is the maximum amount of new loans that Alpha-Beta can create?
A) $25 million
B) $40 million
C) $60 million
D) $75 million
Ans: B) $40 million
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Use the following information to answer the next question.C = A + .875(Y - T)A = $10,000I = $2,000G = $2,500T = $1,000NX = $1,025What will be the change in consumption if net exports decrease by $250?
A. Consumption will not change. B. Consumption will fall by $1,750. C. Consumption will rise by $218.75. D. Consumption will fall by $250.
If the price elasticity of supply of doodads equals 0.50 and the price rises by 3 percent, then the quantity supplied of doodads will rise by ____.
A. 0.50 percent. B. 1.50 percent. C. 6.00 percent. D. 15 percent.
For a firm with market? power, the price effect is the? ________.
The national government can have a significant impact on the value of real estate through:
A. property tax policy B. income tax policy C. building Codes D. real estate licensing requirements