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Author Question: The reciprocal of the reserve requirement is called the: a. spending multiplier. b. tax ... (Read 48 times)

sam.t96

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on: Jun 30, 2018
The reciprocal of the reserve requirement is called the:
 a. spending multiplier.
  b. tax multiplier.
  c. lending multiplier.
  d. deposit expansion multiplier.
  e. excess reserve multiplier.

Question 2

For a normal good, if incomes rise, we would expect that the equilibrium price will increase and that the equilibrium quantity will increase.
 a. True
  b. False
  Indicate whether the statement is true or false


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qytan

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

d

Answer to Question 2

True


sam.t96

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

phuda

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Reply 3 on: Yesterday
Excellent

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