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Author Question: A currency drain is cash ________ and has ________ effect on the money multiplier. A) draining ... (Read 40 times)

wrbasek0

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A currency drain is cash ________ and has ________ effect on the money multiplier.
 
  A) draining into the banks; an
  B) held at the Fed; an
  C) draining into the banks; no
  D) held as reserves; no
  E) held outside the banks; an

Question 2

The expenditure multiplier equals 5 and there is a 3 million increase in investment. Equilibrium expenditure
 
  A) increases by 5 million.
  B) increases by 0.60 million.
  C) increases by 15 million.
  D) decreases by 15 million.
  E) increases by 3 million.



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chevyboi1976

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Answer to Question 1

E

Answer to Question 2

C




wrbasek0

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Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review


AmberC1996

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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