Regulation Q, now no longer operative, set a

a. maximum on the interest rate that banks and savings and loans could pay depositors
b. maximum on the interest rate that banks and savings and loans could charge on consumer loans
c. maximum amount that banks and savings and loans could loan out of excess reserves
d. legal reserve requirement for savings and loans that was 1.5 times the requirement for banks
e. value for the potential money multiplier that could not exceed 1

A

Economics

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If Cassie's Coffee House purchases 33 cents worth of ingredients and spends 36 cents on wages per cup of coffee to produce an 89 cent cup of coffee, then Cassie's Coffee House's contribution to GDP is ________ per cup of coffee

A) 20 cents B) 33 cents C) 36 cents D) 56 cents

Economics

Suppose Firm A and Firm B are considering whether to invest in a new production technology. For each firm, the payoff to investing (given in thousands of dollars per day) depends upon whether the other firm invests, as shown in the payoff matrix below. Which of the following statements is correct?

A. It cannot be determined whether Firm A has a dominated strategy. B. Firm A does not have a dominated strategy. C. "Don't invest" is a dominated strategy for Firm A. D. "Invest" is a dominated strategy for Firm A.

Economics