Question based on balance sheets
Help me to solve this problem. Refer to the given balance sheets. If the reserve ratio is 25%, the maximum money-creating potential of the commercial banking system is: A) $36. B) $17. C) $48. D) $24.
State SLR (or Statutory liquidity ratio): It is the ratio of net or total demand and time deposits of commercial bank that, it has to keep in the form of specified liquid assets.
The maximum valuable human capital on the given list would be possessed by the person who: (1) Inherited a big deal of money. (2) Invested big sums on stock market. (3) Had an advanced degree in the music education. (4) Specialized as the medical doctor.
I have a problem in economics on Illustration of Inferior Goods. Please help me in the following question. When the amount of a good your family purchases raises as your family income reduce, then the good is a/an: (i) Durable goods. (ii) Inferior goo
When the equality standard of income distribution were adopted: (w) people would be paid the values of their marginal products. (x) family incomes would be identical for families of all sizes. (y) poets and engineers would have the same incomes. (z) g
The profit-maximizing price for copyrighted smash-hit St. Valentine’s Day software of Prohibition Corporation is: (i) $12 per copy. (ii) $20 per copy. (iii) $24 per copy. (iv) $32 per copy. (v) $40 per copy. <
The price elasticity of demand is approximately measured as the absolute value of as: (1) (% change in Q) / (% change in Y). (2) ratio of the slopes of demand relative to supply. (3) (% change in Q) / (% change in P). (4) constant slo
When a purely competitive industry is within equilibrium as well as all firms in the industry are operating along with economies of scale, in that case the industry is in: (w) long-run and short-run equilibrium. (x) short-run equilibrium and long run
When there are no externalities, in that case a purely competitive market in equilibrium is efficient since: (w) P = AC = MC. (x) total revenue equals total cost [TR = TC]. (y) P = MSB = MSC = MC. (z) MSB = MSC = MR > P.
Assume that all such curves in below demonstrated graph are infinitely long straight lines. The supply curve which is perfectly price-elastic is: (1) supply curve S1. (2) supply curve S2. (3) supply curve S3. (4) suppl
The price elasticity of demand for a good will tend to rise as the: (i) number of obtainable substitutes increases. (ii) consumer income level increases. (iii) good is a less significant budget item. (iv) time permitted for response decreases. (v) ela
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