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Author Question: The multiplier will be greater, other things being equal: a. the smaller the fraction of each ... (Read 20 times)

wrbasek0

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on: Jun 30, 2018
The multiplier will be greater, other things being equal:
 a. the smaller the fraction of each dollar earned that goes to taxes.
 b. the larger the MPC.
 c. the smaller the fraction of each dollar of disposable income that goes to saving.
  d. all of the above are true.

Question 2

By Gresham's law, commodity money will always drive out fiduciary money.
 a. True
  b. False
  Indicate whether the statement is true or false


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izzat

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

d

Answer to Question 2

False


wrbasek0

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

irishcancer18

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Reply 3 on: Yesterday
Excellent

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