Now, suppose first main street bank loans out all of its new excess reserves to maria, who immediately uses the funds to write a check to kevin. kevin deposits the funds immediately into his checking account at second republic bank. then second republic bank lends out all of its new excess reserves to rajiv, who writes a check to simone, who deposits the money into her account at third fidelity bank. third fidelity lends out all of its new excess reserves to ana as well.

In three to four sentences, explain the effect of a price ceiling on the quantity of a good and who this intervention intends to assist

6carla would like to buy a dress, a dresser for her bedroom, and a home theater system. she has one month's worth of living expenses in her emergency fund. carla decides to save for the home theater system. did carla make the right decision? why or why not? a. yes; her emergency fund is full and the other items will probably be less expensive. b. yes; she could save more for her emergency fund, but the home theater will be harder to save for. c. no; she should save more for her emergency fund because she has saved less than the recommended amount. d. no; she should have bought the dress and dresser first because she could afford them right away. reset next

Labor unions have used which of the following to win passage of favorable laws such as shorter work weeks and the minimum wage? a. strikes b. collective bargaining c. lobbying d. lockouts