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: 53% (13 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?
-
On April 1, Vince Morelli established Vinces Travel Agency. The following transactions were completed during the month. 1. Invested $15,000 cash to start the agency. 2. Paid $600 cash for April...
-
Barry Randolph is a global marketing manager for Gen Tech Corporation, a leading manufacturer of computer accessories. The company has market-leading products in several categories, including...
-
1. Woodbine had petitioned the INS to allow Filipinos as RNs, committing to pay them the same wages, but did not do so. What factors may have led to this failure? 2. Some of the Filipino RNs were...
-
Car A costs $10.37 per 100 miles to drive, while car B costs $6.66 per 100 miles to drive. How much more would car A cost to drive 550 miles? Car A costs $ more to drive 550 miles. (Type an integer...
-
Bees: I have several hives of bees on my property. They are pretty good bees, at least as far as one can say, but it is hard to tell with bees. I am told that each hive has thousands of bees and that...
-
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...
-
Liz had AGI of $130,000 in 2019. She donated Bluebird Corporation stock awith a basis of $10,000 to a qualified charitable organization on July 5, 2019. a. What is the amount of Lizs deduction...
-
On one graph show how supply and demand side market failures emerge. How does the market forces clear the failures for normal goods
-
Review paper by Solanki et al (2020) Strategic purchasing to address challenges in access and quality of Caesarean Sections (CS) in South Africa and reflect and report back on the following: What...
-
Explain why capital and fiat money are not perfect substitutes and discuss what this implies for the rate of return on capital relative to the rate of return on fiat money
-
One secondary channel for Apple computers is Best Buy. This channel addition expands Apples market presence. For participation credit, substantively discuss what challenges Apple faces/can face with...
-
A certain light truck can go around a flat curve having a radius of 140 m with a maximum speed of 27.0 m/s. With what maximum speed can it go around a curve having a radius of 89.0 m?
-
A clinics average and marginal cost per case is $400. It charges $600 per case and serves 1,000 customers. Its marketing team predicts that it will expand its sales to 1,250 if it signs a contract...
-
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?
-
Aaron, Deanne, and Keon formed the Blue Bell General Partnership at the beginning of the current year. Aaron and Deanne each contributed $138,000, and Keon transferred an acre of undeveloped land to...
-
The following information pertains to the inventory of Parvin Company: Jan. 1 Apr. 1 Oct. 1 Beginning inventory Purchased Purchased 400 units @ 2,400 units @ 1,100 units $17 $22 $23 During the year,...
-
Gold Nest Company of Guandong, China, makes birdcages for the South China market. The company sells its birdcages through an extensive network of street vendors who receive commissions on their...
Study smarter with the SolutionInn App