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Author Question: If the marginal propensity to save (MPS) is 0.50, the value of the spending multiplier is: a. 1. ... (Read 66 times)

RODY.ELKHALIL

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on: Jun 30, 2018
If the marginal propensity to save (MPS) is 0.50, the value of the spending multiplier is:
 a. 1.
  b. 2.
  c. 4.
  d. 9.

Question 2

The largest component of the M1 definition of the money supply is:
 a. traveler's checks.
  b. savings accounts.
  c. money market accounts.
  d. checkable deposits


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owenfalvey

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

b

Answer to Question 2

d


RODY.ELKHALIL

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  • Posts: 591
Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

scikid

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Reply 3 on: Yesterday
Excellent

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