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Author Question: Which of the following economic theories favors an active role for government in promoting low ... (Read 87 times)

luminitza

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on: Jun 30, 2018
Which of the following economic theories favors an active role for government in promoting low inflation and economic growth?
 a. New Keynesian
  b. Monetarists
  c. New classical economists
  d. Classical economists
  e. Marxists

Question 2

What limits a bank's ability to extend loans?


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mistyjohnson

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

a

Answer to Question 2

An individual bank can safely lend an amount equal to its excess reserves, which are reserves in excess of legal reserve requirements.


luminitza

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

jordangronback

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Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

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