A system in which depository institutions hold reserves that are less than the amount of total deposits is

Other things remaining the same, if an industry introduces a labor-complementary technology in production, the demand curve for labor in that industry is likely to:

A) shift to the left. B) shift to the right. C) become vertical. D) become horizontal.

Draw a graph showing the effects of imposing a tariff in the small country case. Describe the results, using the concepts of producer surplus, consumer surplus and deadweight loss

Specifically address the effects on consumers, producers, government revenue and overall national well being, connecting those effects to areas of your graph.