The legislation that separated investment banking from commercial banking until its repeal in 1999 is known as the Question 23 options: a) Federal Reserve Act of 1913. b) McFadden Act of 1927. c) Glass-Steagall Act of 1933. d) National Bank Act of 1863.

Q: In the endogenous growth model presented in the text, suppose that u represents the fraction of time...

A: To find : Growth rate of consumption. 

Q: Identify and describe the type of international business of Sushiro.

A: When a good is manufactured, cost analysis  takes place for producing that good and process of busin...

Q: 1) Lorenz curve show the inequality in income distribution but it does not show a) the debts involv...

A: "Since you have asked multiple questions, we will solve first question for you .. If you want any sp...

Q: trade. What was it: GATT NAFTA EFTA TPP

A: International trade is the trading of labor and products among nations. Trading internationally offe...

Q: conomic Development does not include or tackle   a. schemes of taxation. b. a firm's costs options. ...

A: Economic development is the process of creating wealth for the benefit of the community. It's more t...

Q: A. Quotas also have a redistributive effect if the fall in supply due to important restrictions enab...

A: Introduction Both A and B are true When import quotas has imposed then it has a redistributive effec...

Q: 5. The following are some of the costs of a clothing manufacturer. State which among them will you

A: Fixed costs, otherwise called roundabout costs or upward costs, are operational expense that are not...

Q: ato flour and then sells it to a Baker for $25.00. The Baker uses the flour to bake bread and sells ...

A: a. GDP: The GDP or Gross Domestic Product can be defined as the total income of the country. GDP ref...

Q: Additional labor productivity would be equivalent to a) it is not equivalent any of the choices. b)...

A: Hi! Thank you for the question as per the honour code, we’ll answer the first question since the exa...

Q: 10. Applying the rule of 78s to determine prepayment penalties Most installment loan contracts that ...

A: * SOLUTION :-    (10) Based on the given information the calculations are shown below.  

Q: A farmer grows a bushel of wheat and sells it to a Miller for $20.00. The Miller turns the wheat int...

A: When a good is manufactured or produced in a factory, cost is incurred and production takes place fo...

Q: Assume i=0%, beta=1. Consumer has income of 80 in year 1, 100 in year 2.

A: Given the beta = 1 Year 1 income = 80 Year 2 income = 100

Q: e. Expanded use of online payments reduces the amount of money people want to hold. The central bank...

A: Consider the below points: *Is curve shows the inverse relationship between the interest rate and ou...

Q: Explain why LAC is called the envelope curve further bring out the difference between economies of s...

A: The LAC curve will be a smooth curve that encircles all short-run average cost curves, hence the ter...

Q: Select between the two options using the corporate MARR of 15% per year and a future worth analysis ...

A: In the future worth method, we convert all cash flows into the future period and compare the future ...

Q: By how much will the slope of Matt's budget constraint change if his income were to increase from $1...

A: In economics, a budget constraint represents all the combinations of goods and services that a consu...

Q: Regulating Monopoly Suppose you are an analyst for a board that regulates local monopolies. Your sup...

A: We will answer the first question since the exact one was not specified. Please submit a new questio...

Q: You are given the following long-run cost function: TC = 200Q - 25Q2 + 1.5Q3 What level of Q will ec...

A: Here the firm's total cost=TC = 200Q - 25Q2 + 1.5Q3 here the total fixed cost-TFC=0 (since this is a...

Q: The produclion funclion for a frm ie pix, y)- B6x"y". tere x and y are the number of unis of labor a...

A: Given  Production function: p(x,y)=96x3/4y1/4              ... (1) Cost of labor (w)=$144 per unit C...

Q: Labor productivity on the ABC assembly line was 22 units per hour in 2008. In 2009, labor productivi...

A: Labor Productivity is the output per labor. Labor Productivity in 2008 : 22 units. Labor Productivit...

Q: The model of aggregate demand/aggregate supply... A) Identifies the potential GDP and price level a...

A: The answer is - B) Identifies the equilibrium GDP and price level as well as the gap between the equ...

Q: Illustrate the market demand and market supply curves.

A: Many individuals purchase a particular good. Market demand curve for a good is the addition of the i...

Q: Proponents of free trade argue that that liberalisation of trade relationships between rich and poor...

A:

Q: Education seems to be important for human capital deepening. As people become better educated and mo...

A: Human capital refers to the increase in the productivity of a labor due to a rise in the economic va...

Q: 4. The total effect of a price change of a commodity is

A: The total effect of a change in a commodity's price is the substitution and income effects sum. 

Q: Given the data in the table below, calculate the marginal propensity to save. Consumption Personal I...

A: Marginal Propensity to Save: MPS means the proportion of additional disposable income that is saved,...

Q: Use the following supply and demand schedules for skate boards in table 18.1, to answer the question...

A: According to the above given table, Equilibrium price : $500 Equilibrium quantity : 50 units

Q: What is the meaning of National Industrialization?  2. Give at least three examples of the main ind...

A: The transformation of human society from a pre-industrial to an industrial state through social and ...

Q: A group of 10 people have the following annual incomes: $24, 000, $18, 000, $50, 000, $100, 000, $12...

A: Solution: Writing the given incomes in increasing order. First quintile 10000 12000 Second quin...

Q: The graph below represents the demand g a monopolist. The firm uses price discrimination to increa p...

A: Price discrimination refers to the practice of charging different prices from different consumers fo...

Q: Russia has raised the policy rate to 20%. Use a theory of exchange rate determination to explain the...

A: Exchange rate - The exchange tells us about the worth of the currency of one country in comparison t...

Q: For A and B, create a scenario for each and draw the initial S&D position and explain the shift due ...

A: The curve that depicts quantities being demanded by individuals at different levels of price is know...

Q: The diagram plots GDP per worker vs. capital per worker, both across countries in 1990 (the scatter ...

A: Given that;

Q: ex pice might change in areas facing population growth

A: To find : How equilibrium price for air travel might change in areas facing population growth. 

Q: Discuss how the interdependence of input markets for labor, capital, and land might affect supply, d...

A: The market for land, labor, and capital is known as factors market that influence the demand and sup...

Q: Suppose a market in which demand equals Q=1200-10p and supply equals Q=20p a- What is the value of ...

A: Consumers' surplus is a proportion of consumer government assistance and is characterized as the abu...

Q: Show graphically both slutsky and Hicks analysis for fall in price of giffen goods. Explain using di...

A: Microeconomics is a broad topic of study that encompasses a variety of hypotheses about people's wan...

Q: When the perfectly competitive firm and industry are in long run equilibrium, then D - MP - SAC -LAC

A: To find : In perfect competition firma and industry are in long run equilibrium then what will be co...

Q: The owner of a luxury motor yacht that sails among the 4000 Greek islands charges $580 per person pe...

A: Amount charged by the owner of a luxury motor yatch= $580 Number of people signed for cruise= 20 Let...

Q: as firms and workers play to their comparative advantage, trade will also cause the average level of...

A: The measure that depicts the transfer of goods from one entity to another being done in exchange for...

Q: why

A: Hi! Thank you for the question, As per the honor code, we are allowed to answer one question at a ti...

Q: Which of the following is the best example of a moral hazard problem?   Question 25 options:   a) ...

A: When talking about moral hazard, it is the situation that arises after a transaction is made between...

Q: What is household consumption expenditure reflecting in terms of GDP of a country? What it indicates...

A:

Q: A deductible reduces ________ in exactly the same way as ________.   Question 10 options:   a)  m...

A: When talking about deductibles, it is the amount of money that an individual pays in advance to get ...

Q: Suppose that you are the owner of a bakery. The customers who buy the cakes you bake have different ...

A: Given information Number of customer=100 Customers are located equally on a straight line curve with...

Q: The Solow growth model predicts that a country's standard of living can continue to increase in the ...

A: The model that depicts the growth of the economy in long run through looking at labor growth, accumu...

Q: The multiplier is an indication of the capacity of money injected in the economy to    a. increase i...

A: The economics as a study is based upon the basic idea of scarcity. The resources which are present w...

Q: Which of the following would be a significant cause of income inequality in the United States?

A: To find : Cause of income inequality. 

Q: Two weeks later your mom loses her credit card at the grocery store. What can an identity thief do w...

A: Credit card is the plastic money through which you can buy things at the moment and pay later.

Q: d. Expanded use of online payments reduces the amount of money people want to hold. The central bank...

A: Answer: Note: it is not clearly mentioned what changes have to be made. Seeing the figure it seems t...