This topic contains a solution. Click here to go to the answer

Author Question: If the marginal propensity to consume is 0.75, then the value of the tax multiplier is A) -2.5. ... (Read 94 times)

rachel9

  • Sr. Member
  • ****
  • Posts: 495
If the marginal propensity to consume is 0.75, then the value of the tax multiplier is
 
  A) -2.5. B) -3. C) 1.25. D) 1.4.

Question 2

According to the U.S. Secret Service, approximately 2.6 billion of U.S. paper currency in circulation is counterfeit. Undetected counterfeit U.S. currency being held by the public both at home and abroad will impact the level of
 
  A) M1. B) the money multiplier.
  C) the reserve ratio. D) commodity money.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Laurenleakan

  • Sr. Member
  • ****
  • Posts: 309
Answer to Question 1

B

Answer to Question 2

A




rachel9

  • Member
  • Posts: 495
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review


kishoreddi

  • Member
  • Posts: 329
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Vaccines prevent between 2.5 and 4 million deaths every year.

Did you know?

Most women experience menopause in their 50s. However, in 1994, an Italian woman gave birth to a baby boy when she was 61 years old.

Did you know?

Adults are resistant to the bacterium that causes Botulism. These bacteria thrive in honey – therefore, honey should never be given to infants since their immune systems are not yet resistant.

Did you know?

Although puberty usually occurs in the early teenage years, the world's youngest parents were two Chinese children who had their first baby when they were 8 and 9 years of age.

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

For a complete list of videos, visit our video library