Q1. Assume that the reserve requirement is 25 percent. If a single bank has excess reserves of $500,000, Explain individual bank can expand loans by a maximum.

Q2. For over a century the family of Charles Martel dominated which office, which served as a sort of "prime minister" to the Frankish court?

Q3. Explain why group incentives are more erective at increasing group output than individual incentives when group members are complements in the production function (i.e. when the amount that i can produce depends on how hard j works).