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If a bank has total deposits of $8 000 and reserves of $1,200. What is its current reserve ratio?

Suppose nominal GDP in 1967 was $1 trillion and nominal GDP in 1977 was $2 trillion, The 1967 and 1977 price indexes were 100 and 250 respectively. Based on these numbers

Today in the United States, the dollar ($) is:

Short-run equilibrium implies an intersection of  ___________, while long-run equilibrium implies intersection of ____________.

Short-run equilibrium implies an intersection of  ___________, while long-run equilibrium implies intersection of ____________.

Suppose crude oil comprises 25% of U.S. imports from Canada, U.S. production is 500 million barrels of crude oil, U.S. consumption is 1.49 billion barrels of crude oil, and the United States only imports crude oil from Canada. If the world price is $80 per barrel and the United States imposes a 20% tariff on each barrel, what is the amount of government revenue collected in the United States if the United States imports 40% less from Canada as a result of the tariff?

What would happen in the market for SUVs if the government started to subsidize the production of SUVs that get very few miles per gallon and the price of gasoline went up?

Using the information in the table below, calculate the economic growth rate for 2011.  Date Nominal GDP(billions of current $) Inflation rate Population(millions) 2010 14,061 2% 112 2011 14, 660 3% 114 2012 14, 992 1% 117

What would happen in the market for SUVs if the government started to subsidize the production of SUVs that get very few miles per gallon and the price of gasoline went up?

When we look at tariffs and quotas,