Author Question: When checks are exchanged between banks, the Fed oversees the banks to ensure the appropriate funds ... (Read 23 times)

viki · **on:** Jun 30, 2018

When checks are exchanged between banks, the Fed oversees the banks to ensure the appropriate funds have been transferred. This is known as

A) check kiting. B) check floating. C) check balancing. D) check clearing.

Question 2

Refer to Table 11.1. If the marginal propensity to consume decreases to 0.05 (MPC = 0.05), what is the new equilibrium level of output?

A) 2,366.67 B) 3,166.67 C) 3,550.00 D) 4,750.00

kkenney · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

D

Answer to Question 2

A

Author Question: When checks are exchanged between banks, the Fed oversees the banks to ensure the appropriate funds ... (Read 23 times)

viki

When checks are exchanged between banks, the Fed oversees the banks to ensure the appropriate funds ...

kkenney

When checks are exchanged between banks, the Fed oversees the banks to ensure the appropriate funds ...

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