Suppose that consumers are concerned about theft, and so they are willing to use banks for some
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 50% (14 reviews)
With the possibility of theft the Friedman rule is no longer an optimal policy In thi...View the full answer
Answered By
Khurram shahzad
I am an experienced tutor and have more than 7 years’ experience in the field of tutoring. My areas of expertise are Technology, statistics tasks I also tutor in Social Sciences, Humanities, Marketing, Project Management, Geology, Earth Sciences, Life Sciences, Computer Sciences, Physics, Psychology, Law Engineering, Media Studies, IR and many others.
I have been writing blogs, Tech news article, and listicles for American and UK based websites.
4.90+
5+ Reviews
17+ Question Solved
Related Book For
Question Posted:
Students also viewed these Economics questions
-
As of now, the nominal interest rate is 6% in the U.S. and 6% in Australia. The spot rate of the Australian dollar is $.58, while the one-year forward rate of the Australian dollar exhibits a...
-
The short-term nominal interest rate is 5%, with an expected inflation of 2%. Economists forecast that next years nominal rate will increase by 100 basis points, but inflation will fall to 1.5%. What...
-
The nominal interest rate associated with an ordinary general annuity is 7% compounded annually. Rounded to the nearest 0.001%, what is the corresponding periodic rate of interest that matches the...
-
A psychologist conducts an experiment on rats. She puts a rat in a cage having three rooms labeled 1, 2, and 3, as shown in Figure below. L Figure: a cage with 3 rooms and 5 doors. The rats are...
-
Which of the patent claims at issue involve patent-eligible subject matter?
-
(a) How many liters of O 2 are there in 5.38 moles at STP? (b) How many moles of NH 3 are there in 859 mL at STP? (c) How many moles of H 2 are there in 0.518 L at STP?
-
C2.6. Explain the difference between accounting valueadded(earnings) andshareholder valueadded.
-
The following were selected from among the transactions completed by Mair Co. during the current year. Mair Co. sells and installs home and business security systems. Jan. 10. Loaned $12,000 cash to...
-
Dashboard / My courses / FAC 2 6 0 1 - 2 4 - S 1 / Welcome Message / Assessment 2 Bold Ltd purchased machinery on 1 January 2 0 2 1 at a cost of R 1 2 0 0 0 0 0 . A major inspection has to be carried...
-
Kiwi, Inc., headquartered in Boston, Massachusetts, designs, manufactures, and markets headphones and other audio components. The following is Kiwis (simplified) balance sheet from a recent fiscal...
-
Suppose, in the monetary intertemporal model, that the government can pay interest on money, financing this interest with lump-sum taxes on consumers. If the nominal interest rate on money is the...
-
Suppose that there are shocks total factor productivity which cause aggregate output to fluctuate. What does this imply for the Friedman rule, that is, how should the central bank conduct monetary...
-
Margol Corporation's 20x4 income statement appears below. Its comparative balance sheets for June 30, 20x4 and 20x3 are on the next page. Margol Corporation Income Statement For the Year Ended June...
-
X 18. State the amplitude and period of: y = -4cos Graph one cycle of the function. 4 1 19. State the amplitude and period of: y = -sin(4x) Graph one cycle of the function. 4
-
Explain ways in which an organisation may overcome security vulnerabilities and issues?
-
A nonpipelined system takes 300ns to process a task. The same task can be processed in a 4-stage pipeline with a clock cycle of 50ns. Determine the speedup ratio of the pipeline for 400 tasks. What...
-
Within an orthodontic practice that I work in, insufficient patient care and poor time management are the most significant issues in the office. Beginning with the receptionists, scheduling...
-
How has the decision been improved with more of a focus on financial information? Why would it have been a better decision? How could you have included more financial information and where might it...
-
The difference between a departments gross profit and its operating expenses is called (a) departmental gross profit. (b) departmental direct operating margin. (c) departmental operating income. (d)...
-
If the annual fixed costs are 54,000 dinars, the occupation expense represents 20%, the contribution margin is 25%, and the unit selling price is 40 dinars. Required: Calculate the closing point of...
-
True or False: \(P W, F W, A W, C W\), and \(B / C\) are ranking methods; therefore, the alternative having the greatest \(P W, F W, A W, C W\), or \(B / C\) should be recommended.
-
Which are the two biggest national economies on earth? Why are they so much bigger than the others?
-
What is meant by a factor of production? Have you ever sold any on a market?
-
Why do you think per-capita income in Connecticut is nearly double that in West Virginia?
-
Minden Company introduced a new product last year for which it is trying to find an optimal selling price. Marketing studies suggest that the company can increase sales by 5,000 units for each $2...
-
Prepare the adjusting journal entries and Post the adjusting journal entries to the T-accounts and adjust the trial balance. Dresser paid the interest due on the Bonds Payable on January 1. Dresser...
-
Venneman Company produces a product that requires 7 standard pounds per unit. The standard price is $11.50 per pound. If 3,900 units required 28,400 pounds, which were purchased at $10.92 per pound,...
Study smarter with the SolutionInn App