Author Question: The formula for the tax multiplier is A) (1 + b) / (1 - b). B) 1 / (1 - b). C) -b / (1 - b). D) b ... (Read 72 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
The formula for the tax multiplier is
 
  A) (1 + b) / (1 - b). B) 1 / (1 - b). C) -b / (1 - b). D) b / (1 - b).

Question 2

A bank with 200 million in transaction deposits keeps 20 million in cash in the bank vault, 10 million in deposits at the Fed, and 5 million in government securities in the bank vault. Its total reserves equal
 
  A) 30 million. B) 10 million. C) 20 million. D) 35 million.



kkenney

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

Did you know?

The strongest synthetic topical retinoid drug available, tazarotene, is used to treat sun-damaged skin, acne, and psoriasis.

Did you know?

More than 50% of American adults have oral herpes, which is commonly known as "cold sores" or "fever blisters." The herpes virus can be active on the skin surface without showing any signs or causing any symptoms.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

For a complete list of videos, visit our video library