The Federal Reserve Systems Reserve Ratio
Order ID 53563633773 Type Essay Writer Level Masters Style APA Sources/References 4 Perfect Number of Pages to Order 5-10 Pages Description/Paper Instructions
The Federal Reserve Systems Reserve Ratio
The costs of the use of a resource for the production of one good rather than another is Economic.
- The costs of the use of a resource for the production of one goodrather than another areEconomic costsFixed costsOpportunity costsNone of the above2. MarginalutilityDecreases when consumption expandsIncreases when consumption expandsIndicates that a high consumption quantity ispreferred to a low consumption quantityI Indicates that consumption decreases over time3. The Ace Company has 200 sales people. You have obtained the following information about thecompanys sales personnel. Hint: Review chat session 1 slides and conditional probabilityIf you choose one sales person at random what is the probability that he/she is over 40 and has a mastersdegree?This is a bonus question worth 4 points.Your answer must be given as a decimal.AgeUnder 3030 yrs to 40 yrsOver 40 yrsTotalsUndergrad degree only902040150Masters degree10301050Totals10050502004. The most effective fiscal policy program to help reduce demand-pull inflation would be toDecrease the rate of growth of the money supply.Increase both taxes and government spending.Decrease taxes and increase governmentspending.Increase taxes and decrease governmentspending.5. Which of the following examples illustrates the principle ofdiminishing returns?Bill’s Mowing takes 30 minutes to mow and trim a 5,000square foot lawn and 45 minutes to mow andtrim a 10,000 square foot lawn.In the Maher Inn’s kitchen, three cooks can prepare 150meals in one evening; four cooks can prepare180 mealsA single copy of a 5,000-copy printing of a 120-page paperbackand a single copy of a 10-copy printing a 30-page presentationhave the same unit cost.A small furnace is less efficient than a large one.QUESTION 6What factor would tend to cause a nation’s currency toappreciate in a foreignexchange market with freely fluctuating exchange rates?1.Relatively high domestic real interest ratesRelatively high domestic inflationIncreased environmental protection measures resultingin higher prices on goods for exportIncreased demand for importsQUESTION 71.What is the federal budget deficit?The excess of imports over exports in one yearThe excess of federal government spending overrevenues in one yearThe excess of the federal government’s liabilities overassets on its balance sheetThe cumulative excess of federal government spendingover revenuesQUESTION 8The Ace Company has 200 sales people. You have obtained the following information about thecompanys sales personnel. (Hint: Review chat session 1 slides and conditional probability)If you choose one sales person at random what is the probability that he/she has only an undergraduatedegree? Give your answer as only a decimal. Answer should be carried out to two decimal places, ie..xxAgeUnder 3030 yrs to 40 yrsOver 40 yrsTotalsUndergrad degree only902040150Masters degree10301050Totals1005050200QUESTION 9Keynesian economic theory holds that during the peak of thebusiness cycle,the normal workings of the labor market result in1.Cyclical unemploymentFrictional unemploymentPPhillips unemploymentL Less than full employmentQUESTION 10If P( A and B) = 0, then the events A and B areIndependentDependentEqually likelyNone of the aboveQ U E S T I O N 11What is the effect on the market price when both the supply anddemand for agood increase?1.Ddecrease only with inelastic demandDdecrease only with inelastic supplyIIIIIncrease only with inelastic demandIIIIndeterminate from the given informationQUESTION 12A decrease in the price of a complementary good willShift the demand curve of the joint commodity to the left.. Increase the price paid for a substitute goodShift the supply curve of the joint commodity to the left.Shift the demand curve of the joint commodity to theright.QUESTION 13Which of the following pairs of events are mutually exclusive?A contractor losses a major contract, and he increases his work force by 50 per cent.A man is older than his uncle and he is younger than his cousins.A football team loses the playoff game , and it wins the super bowl.None of the aboveQUESTION 14The local video stores business increased by 12% after the movie theater raised its prices from $ 6.50 to$ 7.00. Thus, relative to movie theater admissions, videos areA substitute goodA superior goodA complimentary goodA public goodQUESTION 15If events are mutually exclusive, thentheir probabilities are less than onetheir probabilities sum to oneboth events cannot occur at the same timeboth of them contain every possible outcome of an experimentQUESTION 16Yeager Corporation has used regression analysis to perform price elasticity analysis. In doing somanagement regressed the quantity demanded (y variable) against price (x variable) with the followingresults:Multiple R .86798, Adjusted R squared .72458, Standard error 542.33, Intercept 56400.50Price coefficient 4598.20What percentage of the variation in quantity demanded is explained by price?86.798%72.45%56.4%54.23%QUESTION 17The line of best fit to measure the variation of observed values of dependent variable in the sample datais regression line correlation coefficient standard error none of these QUESTION 18During the recessionary phase of a business cycle The purchasing power of money is likely to decline rapidly. The natural rate of unemployment will increase dramatically Potential national income will exceed actual national income Actual national income will exceed potential national income. QUESTION 19Carlton Bank has an increase in reserves of $1,000,000. If the reserveratio is 10%, by what amount may Carlton increase its demand deposits?$100,000$900,000$1,000,000$10,000,000QUESTION 20The value of correlation coefficient depends on the origin depends on the unit of scale depends on both origin and unit of scales independent with respect to origin and unit of scale QUESTION 21The lowest strength of association is reflected by which of the following correlation coefficients?.95.60.35.2922. The Federal Reserve Systems reserve ratio is The specified percentage of a commercial banks deposit liabilities that must be deposited in the central bank The rate that the central bank charges for loans granted to commercial banks. The ratio of excess reserves to legal reserves that are deposited in the central bank.The specified percentage QUESTION 23In a negative relationships x increases, y increases as x decreases, y decreases as x increases, y decreases both (a) and (b)QUESTION 24Assume that the exchange rate of US dollars to euros is $ 1.80 to 1 euro. How much would a US company gain or lose if the company has a 10,000 euro receivable and the exchange rate went to $ 1.75 to 1 euro? $10,000 loss$10,000 gain$500 loss$500 gain25. Which of the following statements is correct if there is an increase inthe resources available within an economy?More goods and services will be produced in theeconomy.The economy will be capable of producing more goodsand services.TThe standard of living in the economy will rise.The technological efficiency of the economy willimproveQUESTION 26Two regression lines are perpendicular to each other whenr=0r= 1/2r= 1/3r= 1QUESTION 27The Ace Company has 200 sales people. You have obtained the following information about thecompanys sales personnel. Hint: Review chat session 1 slides and conditional probabilityIf you choose one sales person at random what is the probability that he/she is under 30 with only anundergraduate degree?This is a bonus question worth 4 points.Give your answer as only a decimal. Answer should be carried out to two decimal places, ie. .xxAgeUnder 3030 yrs to 40 yrsOver 40 yrsTotalsUndergrad degree only902040150Masters degree10301050Totals1005050200QUESTION 28Which of the following products are not complementary goods?Cars and tiresC Chips and dipLamps and light bulbsLaVideo tapes andDVDsQUESTION 29A probability of getting the digit 2 in a throw of unbiased dice is:Zero1/61/23/4QUESTION 30Yeager Corporation has used regression analysis to perform price elasticity analysis. In doing somanagement regressed the quantity demanded (y variable) against price (x variable) with the followingresults:Multiple R .86798, Adjusted R squared .72458, Standard error 542.33, Intercept 56400.50Price coefficient 4598.20Calculate the predicted quantity demanded if price is set at $ 7.00.31,23488,58824,21318,454QUESTION 31Which of the following market features is likely to cause a surplus of a particular product?A monopolyA price floorA price ceilingA perfect marketQUESTION 32If one event is unaffected by the outcome of another event, the two events are said to beDependentIndependentJointMutually exclusiveQUESTION 33In the pharmaceutical industry where a diabetic must have insulin no matter the cost and where there is no other substitute, the diabetics demand curve is best described asPerfectly elasticPerfectly inelasticElasticInelasticQUESTION 34The University student club needs a faculty representative to travel to Italy with them this Fall. There are50 faculty members that demonstrated an interest in going. Of these, 20 are women and 30 are men. Also, 10 of the faculty members speak Italian. In addition, 15 of the faculty members teach graduate classes and 35 teach undergraduate classes. What is the probability of the faculty selected being anItalian speaking woman that teaches in the graduate program? Hint: Review mc slides from chat sessionone. This is a bonus question worth 4 points. Your answer must be given as a decimal. The answer should be carried to three decimal places, ie. .xxx
The Federal Reserve Systems Reserve Ratio
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