Consider an overlapping generations economy where people live for two periods --- young and old. Population and fiat money stock are constant. The banking sector is perfectly competitive. Banks can borrow from consumers (in the form of deposits) and invest in capital. One unit of capital produces 1.5 units of output in the next period. Consumers can either hold fiat money or make deposits at a bank. Making a deposit at a bank has a fixed cost of 10 goods. What is the desired savings level that makes a consumer indifferent between holding fiat money and making a deposit
Answers: 2
Business, 21.06.2019 21:20
Reqwest llc agrees to sell one hundred servers to social media networks, inc. the servers, which social media networks expressly requires to have certain amounts of memory, are to be shipped โf.o.b. social media networks distribution center in tampa, fl.โ when the servers arrive, social media networks rejects them and informs reqwest, claiming that the servers do not conform to social media networksโ memory requirement. a few hours later, the servers are destroyed in a fire at social media networksโ distribution center. will reqwest succeed in a suit against social media networks for the cost of the goods?
Answers: 3
Business, 22.06.2019 00:00
Choose the list of the best uses for word processing software. lists, resumes, writing a book, and payroll data letters to your friends, resumes, spreadsheets, and school papers resumes, cover letters, databases, and crossword puzzles book reports, letters to your friends, resumes, and contracts
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Business, 22.06.2019 05:30
Sally is buying a home and the closing date is set for april 20th. the annual property taxes are $1,234.00 and have not been paid yet. using actual days, how much will the buyer be credited and the seller be debited
Answers: 2
Business, 22.06.2019 11:30
Which of the following is not an example of one of the four mail advantages of prices on a free market economy
Answers: 1
Consider an overlapping generations economy where people live for two periods --- young and old. Pop...
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