When the economy moves into and out of recessions and expansions, the unemployment rate fluctuates around the

Describe how actual reserves are calculated and explain the difference between desired reserves and excess reserves. How do reserves affect the amount of loans a bank can make?

What will be an ideal response?

Two-part pricing offers a mechanism whereby the firm can

A) charge two different prices to distinct groups of customers. B) collect two times as much from consumers as a single-price monopoly can. C) capture some or all of the consumer surplus. D) reduce some of its fixed costs.