This topic contains a solution. Click here to go to the answer

Author Question: Aggregate planned expenditure is the sum of planned consumption expenditure, investment, government ... (Read 256 times)

swpotter12

  • Hero Member
  • *****
  • Posts: 527
Aggregate planned expenditure is the sum of planned consumption expenditure, investment, government expenditures on goods and services, and exports minus imports. Is the previous statement correct or incorrect?
 
  What will be an ideal response?

Question 2

If a bank receives an additional deposit of 50,000 and the desired reserve ratio is 20 percent, what is the amount of new loans the bank can make?
 
  What will be an ideal response?



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

manuelcastillo

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

The statement accurately describes aggregate planned expenditure.

Answer to Question 2

The bank can make loans equal to its excess reserves. With the 50,000 deposit, the bank's desired reserves are (50,000  0.




swpotter12

  • Member
  • Posts: 527
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


LegendaryAnswers

  • Member
  • Posts: 341
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

Pubic lice (crabs) are usually spread through sexual contact. You cannot catch them by using a public toilet.

Did you know?

Cucumber slices relieve headaches by tightening blood vessels, reducing blood flow to the area, and relieving pressure.

Did you know?

Pope Sylvester II tried to introduce Arabic numbers into Europe between the years 999 and 1003, but their use did not catch on for a few more centuries, and Roman numerals continued to be the primary number system.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

In ancient Rome, many of the richer people in the population had lead-induced gout. The reason for this is unclear. Lead poisoning has also been linked to madness.

For a complete list of videos, visit our video library