Assuming a reserve ratio of 10 percent, if a bank receives $100,000 in deposits how much can the bank loan out?

Give at least three examples from economics where you expect some nonlinearity in the relationship between variables. Interpret the slope in each case

What will be an ideal response?

The Clean Air Act of 1972 required some companies to install the "best available" pollution control technologies. This is an example of:

a. the government using a subsidy to encourage a negative externality. b. the government using the command approach to discourage a negative externality. c. the government using the command approach to encourage a positive externality. d. a marketable pollution permit. e. a pollution tax.