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When a bank makes a loan of $1,000 to a customer, what happens to (i) the financial assets and (ii) the financial liabilities of the bank? Specify which asset and which liability has changed. Assume t

When a bank makes a loan of $1,000 to a customer, what happens to (i) the financial assets and (ii) the financial liabilities of the bank? When a bank makes a loan of $1,000 to a customer, what happens to (i) the financial assets and (ii) the financial liabilities of the bank? Specify which asset and which liability has changed. Assume the customer has not yet spent the money she or he has borrowed. ( the most important thing is I...

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Shower Power, Inc., a firm in monopolistic competition, produces shower radios. The company’s economists know that it can sell no radios at $80, and for each $10 cut in price, the quantity of radios i

Shower Power, Inc., a firm in monopolistic competition, produces shower radios. Shower Power, Inc., a firm in monopolistic competition, produces shower radios. The company's economists know that it can sell no radios at $80, and for each $10 cut in price, the quantity of radios it can sell increases by 50 a day. This relationship continues to hold until the price falls to $20. The firm's total fixed cost is $3,000 a day. Its marginal cost is constant at $20...

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3. Suppose there are two consumers, A and B. The utility functions of each consumer are given by: U A (X,Y) = X+2Y U B (X,Y) = X*Y The initial endowments are: A: X = 2; Y = 8 B: X = 2; Y = 8 a) Using

Suppose there are two consumers, A and B. The utility functions of each consumer are given by: U A (X,Y) = X+2Y U B (X,Y) = X*Y The initial... 3.  Suppose there are two consumers, A and B.  The utility functions of each consumer are given by: UA(X,Y) = X+2YUB(X,Y) = X*Y The initial endowments are:  A: X = 2; Y = 8B: X = 2; Y = 8 a)  Using an Edgeworth Box, graph the initial allocation...

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I know the definition of GDP, however I still cannot solve this question. If the economy produced only wheat and flour in a calendar quarter, GDP would be zero, because no Final Goods were produced.

I know the definition of GDP, however I still cannot solve this question. If the economy produced only wheat and flour in a calendar quarter, GDP... I know the definition of GDP, however I still cannot solve this question. If the economy produced only wheat and flour in a calendar quarter, GDP would be zero, because no Final Goods were produced.

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When adding another unit of labor leads to an increase in output that is smaller than increases in output that resulted from adding previous units of labor, we have the property of diminishing labor.

When adding another unit of labor leads to an increase in output that is smaller than increases in output that resulted from adding previous units of... When adding another unit of labor leads to an increase in output that is smaller than increases in output that resulted from adding previous units of labor, we have the property of diminishing labor. diminishing output. diminishing marginal product. negative marginal product.

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