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 71 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?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

Chronic marijuana use can damage the white blood cells and reduce the immune system's ability to respond to disease by as much as 40%. Without a strong immune system, the body is vulnerable to all kinds of degenerative and infectious diseases.

Did you know?

The first documented use of surgical anesthesia in the United States was in Connecticut in 1844.

For a complete list of videos, visit our video library