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An airline loses money on one of its routes but has decided to continue to provide service. Could this decision be economically rational in the short-run? In the long-run?
Business Economics, Economics
Suppose that Third National Bank has reserves of $20,000 and check able deposits of $200,000. The reserve ratio is 10 percent. The bank sells $20,000 in securities to the Federal Reserve Bank in its district, receiving a ...
Question: 1. Graphically illustrate a per unit tax imposed on the seller of a product. Identify the welfare loss and the portion of the tax paid by the buyer and the seller. 2. Beginning in a state of equilibrium in our ...
A researcher wishes to estimate the mean number of hours per week that children in the 10 to 12 year age range spend viewing television. How large a sample should be selected so that the estimate is within 0.25 hours of ...
Sheridan County Hospital is a hospital. The total costs of the hospital depends on the number of patient days (one patient staying for one day is one patient day) delivered by the hospital that month. The table below giv ...
Marketing firm specializes in assessments of local restaurants and have been asked to rate local restaurants. The restaurants are rated as good, fair, or poor. From the firm's rating system, 72% of the restaurants were r ...
a. If the required reserve ratio is 2.50 percent, what is the monetary multiplier b. If the monetary multiplier is 5, what is the required reserve ratio?
Benefits of abating emission: MB=500-20A Cost of abating emission: MC=200+5A What are the marginal benefit and marginal cost of abatement at socially efficient level of abatement? What is the net social benefit at the ef ...
A five-year bond with a yield of 11% (continuously compounded) pays an 8% coupon at the end of each year. a) What is the bond's price? b) What is the bond's duration? c) Use the duration to calculate the effect on the bo ...
Question 1: On a certain banking machine customer arrives at an average 15 per hour. a. What is the probability that 12 customers will use the machine in the next hour? b. What is the probability that there will be fewer ...
What causes the PPF to shift outward? I think that resources have to be used but i'm not sure.
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