Answer:
Option D.
Explanation:
The demand function for good X is

where,
is price of good X,
is price of good Y and M is income.
It is given that the price of good X is $1, the price of good Y is $10, and income is $100.
Substitute
,
and M = 100 in the given function.



None of the statements associated with this question are correct.
Therefore, the correct option is D.
<span>Suppose the Fed doubles the growth rate of the quantity of money in the economy. In the long run, the increase in money growth will change which of the following? Check all that apply.
__ The price level
__ The inflation rate
Suppose the economy produces real GDP of $50 billion when unemployment is at its natural rate.
(graph goes here)
Suppose the government passes a law that reduces unemployment benefits in a way that causes unemployed workers to seek out new jobs more quickly. The policy will cause the natural rate of unemployment to (rise / fall) which will:
__ Shift the long-run aggregate supply curve to the left
Direction of LRAS Curve Shift:
Many workers leave to pursue more lucrative careers in foreign economies. (Left )
For environmental and safety reasons, the government requires that the country's nuclear (Left)
power plants be permanently shut down. (Left )
An investment tax credit increases the rate at which firms acquire machinery and equipment. (Right)</span>
Answer:
B. giving loans
Explanation:
The reserve requirement system requires commercial banks to maintain a small fraction of their deposits as a reserve. Only a small percentage of the checkable deposits is required to be held in the banks as reserves. The reserves requirement fractions vary with the monetary policy in place.
The percentage of reserve requirement ranges from 3% to 10%. It would hardly get to 20%. The rest other bigger percentage ( over 80%) is available to be used to create loans.
Answer:
An area with younger people will have a higher demand for rentals and a lower demand for buying.