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Author Question: The founding of the U.S. FDIC was primarily in response to A) serious inflation after the Civil ... (Read 21 times)

tsand2

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on: Jun 30, 2018
The founding of the U.S. FDIC was primarily in response to
 
  A) serious inflation after the Civil War.
  B) the bank panic of 1907.
  C) the Great Depression.
  D) the Volker recession in 1981-1982.

Question 2

In the simple Keynesian model (no money market) assume that equilibrium output falls short of potential output by 300 units and the MPC = 0.8 . The size of the tax cut needed to reach full employment is
 
  a. 30.
  b. 60.
  c. 75.
  d. 300.


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bob

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

C

Answer to Question 2

C


tsand2

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Reply #2 on: Jun 30, 2018
Thank you


bob

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Reply #3 on: Jun 30, 2018
No problemo


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