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Author Question: Human wealth is A) the present discounted value of expected future after-tax labor income. B) ... (Read 86 times)

theo

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on: Jun 30, 2018
Human wealth is
 
  A) the present discounted value of expected future after-tax labor income.
  B) the sum of financial and housing wealth.
  C) the discounted present value of all financial assets.
  D) financial wealth minus housing wealth.
  E) total wealth minus housing wealth.

Question 2

An increase in the reserve deposit ratio, , will most likely have which of the following effects?
 
  A) a rightward shift in the IS curve
  B) a leftward shift in the IS curve
  C) an upward shift in the LM curve
  D) a downward shift in the LM curve


adammoses97

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

A

Answer to Question 2

C


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