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

Author Question: In the Free Banking Era (the period of no central bank), (a) anyone could form a bank if they met ... (Read 118 times)

Brittanyd9008

  • Hero Member
  • *****
  • Posts: 500
In the Free Banking Era (the period of no central bank),
 
  (a) anyone could form a bank if they met the requirements.
  (b) banks were required to offer free financial services.
  (c) the federal government rescinded its tax on bank notes.
  (d) states rescinded their taxes on bank notes.

Question 2

In the classical model, less consumption and more savings would
 
  a. increase aggregate supply and output.
  b. reduces aggregate demand and output..
  c. decrease real interest rates and output.
  d. cause the price level to rise with no effect on output.
  e. have no effect on output or the price level.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

carolinefletcherr

  • Sr. Member
  • ****
  • Posts: 313
Answer to Question 1

(a)

Answer to Question 2

A




Brittanyd9008

  • Member
  • Posts: 500
Reply 2 on: Jun 30, 2018
Excellent


laurnthompson

  • Member
  • Posts: 334
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Aspirin may benefit 11 different cancers, including those of the colon, pancreas, lungs, prostate, breasts, and leukemia.

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

The human body produces and destroys 15 million blood cells every second.

Did you know?

Between 1999 and 2012, American adults with high total cholesterol decreased from 18.3% to 12.9%

For a complete list of videos, visit our video library