This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If firms increase their investment spending by 10 million, then the economy's equilibrium output ... (Read 60 times)

awywial

  • Hero Member
  • *****
  • Posts: 577
on: Jun 30, 2018
If firms increase their investment spending by 10 million, then the economy's equilibrium output rises by exactly 10 million.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following correctly describes fractional reserve banking?
 a. The federal government only insures a fraction of the deposits at most banks.
  b. Banks keep a fraction of their loans with other banks to maintain the quality of their loan portfolio.
  c. Banks can loan out all but a small fraction of its own money, but must hold all money deposited at the bank on reserve in bank vaults.
  d. Banks can loan out all but a fraction of its own money, but must hold all money deposited at the bank on reserve in bank vaults.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jaykayy05

  • Sr. Member
  • ****
  • Posts: 329
Reply #1 on: Jun 30, 2018
Answer to Question 1

False

Answer to Question 2

d


awywial

  • Member
  • Posts: 577
Reply 2 on: Jun 30, 2018
:D TYSM

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
Gracias!

« previous next »
 

Did you know?

There are over 65,000 known species of protozoa. About 10,000 species are parasitic.

Did you know?

In the United States, an estimated 50 million unnecessary antibiotics are prescribed for viral respiratory infections.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Chronic necrotizing aspergillosis has a slowly progressive process that, unlike invasive aspergillosis, does not spread to other organ systems or the blood vessels. It most often affects middle-aged and elderly individuals, spreading to surrounding tissue in the lungs. The disease often does not respond to conventionally successful treatments, and requires individualized therapies in order to keep it from becoming life-threatening.

Did you know?

The first oral chemotherapy drug for colon cancer was approved by FDA in 2001.

Primates exhibit prolonged life histories, spending more time in each stage of life than most other Primates exhibit prolonged life histories, spending more time in each stage of life than most other
Shifts between Warm and Cold Periods during the Last 3 Million Years Shifts between Warm and Cold Periods during the Last 3 Million Years
Growth of Government Spending, 1870–2009 Growth of Government Spending, 1870–2009
Calculator Output Calculator Output
A melting profile shows the increase in UV absorption versus temperature A melting profile shows the increase in UV absorption versus temperature
Earth 340 Million Years Ago Earth 340 Million Years Ago
Video: Natural Selection, Species Isolation and Real World Example

For a complete list of videos, visit our video library