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Author Question: How does a change in taxes primarily affect aggregate demand? a. A tax change alters exports and ... (Read 47 times)

pragya sharda

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on: Jun 30, 2018
How does a change in taxes primarily affect aggregate demand?
 a. A tax change alters exports and net exports.
 b. A tax change alters investment by an equal and opposite amount.
  c. A tax change alters disposable income and consumption spending.
  d. A tax change alters government purchases by an equal amount.

Question 2

In fractional reserve banking:
 a. bank assets are less than bank reserves.
  b. only a fraction of total deposits are bank reserves.
  c. only a fraction of required reserves are investor assets.
  d. bank loans are less than bank reserves.
  e. a fraction of bank reserves needs to be backed by gold.


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aprice35067

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Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

b


pragya sharda

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Reply 2 on: Jun 30, 2018
Gracias!

emsimon14

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Reply 3 on: Yesterday
:D TYSM

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