Author Question: The formula for the tax multiplier is A) (1 + b) / (1 - b). B) 1 / (1 - b). C) -b / (1 - b). D) b ... (Read 69 times)

stevenposner

  • Hero Member
  • *****
  • Posts: 608
The formula for the tax multiplier is
 
  A) (1 + b) / (1 - b). B) 1 / (1 - b). C) -b / (1 - b). D) b / (1 - b).

Question 2

A bank with 200 million in transaction deposits keeps 20 million in cash in the bank vault, 10 million in deposits at the Fed, and 5 million in government securities in the bank vault. Its total reserves equal
 
  A) 30 million. B) 10 million. C) 20 million. D) 35 million.



kkenney

  • Sr. Member
  • ****
  • Posts: 352
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

When intravenous medications are involved in adverse drug events, their harmful effects may occur more rapidly, and be more severe than errors with oral medications. This is due to the direct administration into the bloodstream.

Did you know?

In most cases, kidneys can recover from almost complete loss of function, such as in acute kidney (renal) failure.

Did you know?

Colchicine is a highly poisonous alkaloid originally extracted from a type of saffron plant that is used mainly to treat gout.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

For a complete list of videos, visit our video library