Considering all the bailout money the public has been made responsible for, is the existence of banks and non-bank financial institutions worth it, or would it have been cheaper to the public to simply keep all our money under our mattresses?

Q: Consider a macroeconomy where the current population is 0.8 million people. Gross domestic private…

A: Consumption spending is spending of households on final goods and services.Investment is purchase or…

Q: Assume a Cobb-Douglas production function of the form: q=10L0.98K0.88 What type of returns to scale…

A: Return to scale is the concept that examines how a percentage change in all inputs (e.g., labor,…

Q: how to calculate gross national income from gross domestic product

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Q: Using dominant strategies, what is the Nash equilibrium payoff? O 0,0 O 100, 100 O-10, -10 O Neither…

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A: Price discrimination in a monopoly means the practice of charging different prices to different…

Q: BN10.D What does Non-Rivalry mean in the context of Public Goods?

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Q: If the world price of shoes is $50/pair, how many pairs of shoes will be produced in the U.S.? How…

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A: A budget constraint is a representation of the limitations or boundaries on the consumption choices…

Q: Goods 1 and 2 are perfect complements, and a consumer always consumes them in the ratio of 2 units…

A: Perfect complements are a pair of goods or services that are typically consumed together in fixed…

Q: Labor (workers) Output 0 20 50 01235 4 70 80 85 The table above shows a total product schedule.…

A: Fixed costs( FC) are expenses that doesn't change with level of production. Fixed costs remain same…

Q: Why is profit maximization 2, when total cost is 60, marginal cost is 25, fixed cost is 25, average…

A: Profit maximization rеfеrs to thе procеss by which a company or firm dеtеrminеs thе lеvеl of output…

Q: If actual production and consumption occur at Q₁ and the price is P2, deadweight loss equals area O…

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Q: 4. Consider a 4-bidder auction model. The auction is second price sealed bid. How- ever, now, the…

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Q: 16. Boeing is considering whether it should develop its next aircraft with a wide body (WIDE) or…

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Q: Quantity 1 2 3 4 5 Pizza Total utility 95 180 255 320 375 Quantity 1 2 3 4 5 CDs Total utility 170…

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Financial Institutions and Federal Bank

The word financial institution is a kind of business organization that deals with the financial activities of a nation. These activities include accepting deposits, making payments, granting loans and advances, transferring funds, holding shares, providing credits, purchasing and selling foreign exchanges, investments in shares, futures commodities, and many more.