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Author Question: When checks are exchanged between banks, the Fed oversees the banks to ensure the appropriate funds ... (Read 71 times)

viki

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on: Jun 30, 2018
When checks are exchanged between banks, the Fed oversees the banks to ensure the appropriate funds have been transferred. This is known as
 
  A) check kiting. B) check floating. C) check balancing. D) check clearing.

Question 2

Refer to Table 11.1. If the marginal propensity to consume decreases to 0.05 (MPC = 0.05), what is the new equilibrium level of output?
 
  A) 2,366.67 B) 3,166.67 C) 3,550.00 D) 4,750.00


kkenney

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


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