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Author Question: The formula for the deposit expansion multiplier = A) 1 x required reserve ratio. B) 1 / ... (Read 31 times)

khang

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on: Jun 29, 2018
The formula for the deposit expansion multiplier =
 
  A) 1 x required reserve ratio.
  B) 1 / required reserve ratio.
  C) 10 x required reserve ratio.
  D) 10 / required reserve ratio.

Question 2

Which of the following is a key property of models?
 
  A) All economic models begin with assumptions.
  B) Empiricism is not essential for testing models.
  C) All models can be used for a limited time period only.
  D) All models are consistent and do not make incorrect predictions.


vseab

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

A


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