suppose that a consumer is consuming 10 units of a discrete good and the prices increases from $5 per unit to $6. however, after the price change the consumer continues to consume 10 units of the discrete good. what is the loss in the consumers surplus fromm this price change ?

Anne is comparing savings accounts. one account has an interest rate of 1.2 percent compounded yearly, and one account has an interest rate of 1.2 percent compounded monthly. which account will earn more money in interest? the account that earns 1.2 percent compounded yearly the account that earns 1.2 percent compounded monthly

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning econ

After the 2008 recession, the amount of reserves in the us banking system increased. because of federal reserve actions, required reserves increased from $44 billion to $60 billion. however, banks started holding more reserves than required. by january 2009, banks were holding $900 billion in excess reserves. the federal reserve started paying interest on the excess reserves that the banks held. what possible impact will these unused reserves have on the economy?