Economics Answers

r is 9 percent, RR are $10 million, and (total) reserves (R) are $50 million.
What do excess reserves (ER) equal? What do DD equal?

Before taxes and social spending, the income of the richest 10 per cent in South Africa is more than 1 000 times bigger than the poorest 10 per cent. After taxes and social spending, this gap falls so that the income of the richest 10 per cent becomes 66 times bigger than the poorest 10 per cent … (World Bank 2014). This in an example of...

Q1) I read an article that when a trade war takes place the demand for skilled workers goes down and the demand for unskilled workers goes up , why is that ?
Q2) Who, the 2 countriesin a trade, is most likely to benefit from a trade war between 2 countries ?

Checkable or Demand deposits (DD) are $50 million, and required reserves (RR) are $4 million. What is the required reserve ratio (r) ?

A restaurant bought on the first of January 400 bottles of vine at a price of 40 DKK per bottle.
Payment condition was current month + 15 days. After the first quarter it appeared that the sales in January were 100 bottles, sales in February 125 bottles and the sales in March were 175 bottles .All bottles of wine were sold at a price of 150 DKK each.
Prepare a profit and loss statement

USING GRAPH PAPER (SCALE 1 Horizontal Square = 5,000 units & 1 vertical square = $2)
graph the original demand and two supply functions and then mark in Figure 1. Note YOU ILLUSTRATED TWO of the THREE CURVES in ASSIGNMENT B‐ NOW
ADD the supply curve WITH the tax. The vertical distance in supply functions is $1 at any
quantity.

What correctly states how government spending is financed

Which change in the rand-dollar foreign exchange market will cause the ZAR to appreciate and the amount of USD traded daily to increase

what type of event must happen for the exchange rate to change from R8:$1 to R9:$1 and the amount of usd traded daily to increase?

Suppose investor A has $20,000 in his account and derives 4 utiles of utility from this amount and would derive 5 utiles of utility is he had $40,000. He is face with a choice to invest $20,000 in a project that has 60% probability of earning a profit of $20,000 and 40% of losing $20,000? Is the manager likely to invest in the project?
A project has expected risky cash flows of $40,000 in perpetuity. Given that the risk adjusted rate of return for the project is 15%, and the risk free rate is 5%, What are the certainty equivalent cash flows in perpetuity?