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Author Question: All of the following are financial institutions that accept deposits and make loans to people and ... (Read 60 times)

cnetterville

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on: Jun 29, 2018
All of the following are financial institutions that accept deposits and make loans to people and businesses EXCEPT
 
  A) central banks.
  B) savings and loans.
  C) savings banks.
  D) commercial banks.
  E) credit unions.

Question 2

Jane supports herself at college by working in a bookstore earning 300 a month, which she spends entirely every month. If she gets a salary increase of 100 a month, she spends 90 more dollars on consumption expenditure. Jane's MPC is equal to
 
  A) 0.10. B) 0.90. C) 1.00. D) 0.50. E) 90.


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tennis14576

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

B


cnetterville

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Reply 2 on: Jun 29, 2018
Excellent

EAN94

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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