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Author Question: The supply curve of reserves is: A) downward sloping. B) vertical. C) upward sloping. D) ... (Read 62 times)

javeds

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on: Jun 30, 2018
The supply curve of reserves is:
 
  A) downward sloping. B) vertical.
  C) upward sloping. D) horizontal.

Question 2

The tax multiplier is negative because increases in taxes lead to decreases in consumer spending.
 
  Indicate whether the statement is true or false


brbarasa

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

B

Answer to Question 2

TRUE


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