This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the marginal propensity to consume (MPC) is 0.96, the value of the spending multiplier is: a. ... (Read 62 times)

ap345

  • Hero Member
  • *****
  • Posts: 537
on: Jun 30, 2018
If the marginal propensity to consume (MPC) is 0.96, the value of the spending multiplier is:
 a. 25.
  b. 40.
  c. 96.
  d. 100.

Question 2

The M1 money supply is defined to be the sum of currency, traveler's checks, and:
 a. checkable deposits.
  b. Treasury bonds.
  c. savings accounts.
  d. large time deposits.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

perkiness

  • Sr. Member
  • ****
  • Posts: 348
Reply #1 on: Jun 30, 2018
Answer to Question 1

a

Answer to Question 2

a


ap345

  • Member
  • Posts: 537
Reply 2 on: Jun 30, 2018
Excellent

shewald78

  • Member
  • Posts: 340
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

Did you know?

According to the National Institute of Environmental Health Sciences, lung disease is the third leading killer in the United States, responsible for one in seven deaths. It is the leading cause of death among infants under the age of one year.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

A graphical representation of the marginal value theorem. A graphical representation of the marginal value theorem.
Primates exhibit prolonged life histories, spending more time in each stage of life than most other Primates exhibit prolonged life histories, spending more time in each stage of life than most other
You Need to Consume Carbohydrates Daily You Need to Consume Carbohydrates Daily
Nearly all the food that you consume originates on a farm Nearly all the food that you consume originates on a farm
A Production Function with Diminishing Marginal Product of Capital A Production Function with Diminishing Marginal Product of Capital
Increase in total spending in presidential campaigns, 1976-2020 Increase in total spending in presidential campaigns, 1976-2020
Video: Optic Nerve and Optic Disk Animation (Part 2 of 2)

For a complete list of videos, visit our video library