Author Question: If the marginal propensity to consume (MPC) is 0.80, the value of the spending multiplier is 2. a. ... (Read 80 times)

viki · **on:** Jun 30, 2018

If the marginal propensity to consume (MPC) is 0.80, the value of the spending multiplier is 2.
a. True
b. False
Indicate whether the statement is true or false

Question 2

__________ plus __________ plus __________ equals ___________.
a. Total deposits, loans, required reserves, excess reserves.
b. Loans, required reserves, excess reserves, total deposits.
c. Required reserves, total deposits, excess reserves, loans.
d. Excess reserves, loans, total deposits, required reserves.