• Q : Which bond would an investor rather purchase....
    Microeconomics :

    Assuming these two bonds are otherwise identical (same level of risk, etc.), at what tax rate would an investor be indifferent between purchasing one bond or the other? Suppose the tax rate is actua

  • Q : Supply and demand for loanable funds....
    Microeconomics :

    a) Draw the graphs depicting the supply and demand for bonds and the supply and demand for loanable funds. b) Using both of these graphs, show what happens to prices and quantities in the bond and l

  • Q : Money market into equilibrium....
    Microeconomics :

    If the nominal interest rate is below this equilibrium rate (so that the money market is in disequilibrium) describe the forces that would move the money market into equilibrium.

  • Q : Keynesian ad-as model....
    Microeconomics :

    Consider the Keynesian AD-AS model. Suppose that an economy in initial long run equilibrium is disturbed simultaneously by a decrease in government spending and the development of a new technology t

  • Q : Calculate the money multiplier....
    Microeconomics :

    Suppose that currency in circulation is equal to $300 billion, the required reserve ratio is 10%, checkable deposits are $600 billion, and excess reserves are $60 billion. Calculate the money multip

  • Q : Compute net worth ratio and debt-to-equity ratio....
    Microeconomics :

    a. Compute net worth ratio and debt-to-equity ratio. b. Assume the interest rate increases from 4% to 6%. According to Gap analysis, what will be the change in the bank’s profit due to the in

  • Q : Assets and their standard deviations....
    Microeconomics :

    Compute the expected return on these assets and their standard deviations. Comment on which of the two assets should be more valuable.

  • Q : Factors contributing to financial innovation....
    Microeconomics :

    Describe how each of the following factors contributes to financial innovation: advances in technology, changes in regulation, increased competition, increased price volatility.

  • Q : Purchase and assumption method....
    Microeconomics :

    What is the payoff method? What is the purchase and assumption method? Compare and contrast these two methods the FDIC uses to handle a failed bank.

  • Q : Response to an expansion of the money supply....
    Microeconomics :

    We discussed in class the behavior of interest rates over time in response to an expansion of the money supply, finding that there were three possible interest rate profiles that could be observed f

  • Q : Graphs depicting the supply and demand for bonds....
    Microeconomics :

    Draw the graphs depicting the supply and demand for bonds and the supply and demand for loanable funds. Using both of these graphs, show what happens to prices and quantities in the bond and loanab

  • Q : What is the after-tax real interest rate....
    Microeconomics :

    Suppose that the nominal interest rate for the coming year is 9% and inflation is expected to be 5%.  Compute the real interest rate for this time period.  If (nominal) interest payments a

  • Q : Market characterized by asymmetric information....
    Microeconomics :

    Suppose now that this coin market is characterized by asymmetric information. More specifically, the coin maker knows which of the coins available for sale is the high quality coin and which is the

  • Q : Is the fed an independent governmental agency....
    Microeconomics :

    Is the Fed an independent governmental agency? Discuss the degree of independence the Fed currently has and then discuss whether the Fed should be independent or not.

  • Q : Ambiguous measure of bank performance....
    Microeconomics :

    1. Accounting net worth is an ambiguous measure of bank performance. 2. If employees own the corporation for which they work, no moral hazard problem exists.

  • Q : Determinants of asset demand....
    Microeconomics :

    In the theory of portfolio choice, what are the determinants of asset demand? What is the relationship between each of these determinants and the quantity demanded?

  • Q : Non-borrowed monetary base and lender of last resort....
    Microeconomics :

    Identifications: Identify and briefly explain the importance of any TWO (2) of the following: 1. Non-borrowed monetary base 2. Lender of last resort 3. CAMEL Rating 4. Float

  • Q : Capital adequacy requirement-regulatory forbearance....
    Microeconomics :

    Identifications: Identify and briefly explain the importance of any TWO (2) of the following: 1. Capital Adequacy Requirement 2. Regulatory Forbearance 3. Discount Yield 4. Incentive-compatible

  • Q : External sources of financing for nonfinancial businesses....
    Microeconomics :

    Which of the following statements concerning external sources of financing for nonfinancial businesses in the United States are true?

  • Q : Expansionary-inflationary monetary policy....
    Microeconomics :

    Which of the following is likely to lead to expansionary/inflationary monetary policy?

  • Q : Unemployment rate is in a steady-state equilibrium....
    Microeconomics :

    If the unemployment rate is in a steady-state equilibrium then it must be true that

  • Q : Investment demand function for a country....
    Microeconomics :

    Holding everything else constant, if the investment demand function for a country with a small open economy shifts left then

  • Q : Sizable economic growth accompanied by minimal inflation....
    Microeconomics :

    In the last half of the 1990s there was sizable economic growth accompanied by minimal inflation. Using the quantity theory of money explain why this might be odd and how banking innovationssuch as

  • Q : Transactions velocity of money....
    Microeconomics :

    Compute the transactions velocity of money from the following information. In the economy under consideration there is only one good, peanuts. In a given year 2000 pounds of peanuts are sold at $1.0

  • Q : Investment in the national income accounts....
    Microeconomics :

    Which of the following transactions is not counted as investment in the national income accounts?

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