Author Question: All of the following are financial institutions that accept deposits and make loans to people and ... (Read 86 times)

cnetterville · **on:** Jun 29, 2018

All of the following are financial institutions that accept deposits and make loans to people and businesses EXCEPT

A) central banks.
B) savings and loans.
C) savings banks.
D) commercial banks.
E) credit unions.

Question 2

Jane supports herself at college by working in a bookstore earning 300 a month, which she spends entirely every month. If she gets a salary increase of 100 a month, she spends 90 more dollars on consumption expenditure. Jane's MPC is equal to

A) 0.10. B) 0.90. C) 1.00. D) 0.50. E) 90.