Author Question: Human wealth is A) the present discounted value of expected future after-tax labor income. B) ... (Read 71 times)

theo

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Human wealth is
 
  A) the present discounted value of expected future after-tax labor income.
  B) the sum of financial and housing wealth.
  C) the discounted present value of all financial assets.
  D) financial wealth minus housing wealth.
  E) total wealth minus housing wealth.

Question 2

An increase in the reserve deposit ratio, , will most likely have which of the following effects?
 
  A) a rightward shift in the IS curve
  B) a leftward shift in the IS curve
  C) an upward shift in the LM curve
  D) a downward shift in the LM curve



adammoses97

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Answer to Question 1

A

Answer to Question 2

C



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