Author Question: All of the following were reasons that the Fed increase the required reserve ration in 1936 EXCEPT: ... (Read 12 times)

Marty · **on:** Jun 30, 2018

All of the following were reasons that the Fed increase the required reserve ration in 1936 EXCEPT:

A) concerns over the possibility of future inflation
B) to eliminate the high level of excess reserves
C) fears that the economy was overheating
D) concerns over a speculative bubble

Question 2

Suppose we know the following about a lawn repair business: wages 15,000, profits 4,000, tax 3,000, parts 9,000. What is the contribution to GDP of this business using the product approach?

A) 31,000.
B) 27,000.
C) 26,000.
D) 22,000.