This topic contains a solution. Click here to go to the answer

Author Question: The founding of the U.S. FDIC was primarily in response to A) serious inflation after the Civil ... (Read 44 times)

tsand2

  • Hero Member
  • *****
  • Posts: 520
The founding of the U.S. FDIC was primarily in response to
 
  A) serious inflation after the Civil War.
  B) the bank panic of 1907.
  C) the Great Depression.
  D) the Volker recession in 1981-1982.

Question 2

In the simple Keynesian model (no money market) assume that equilibrium output falls short of potential output by 300 units and the MPC = 0.8 . The size of the tax cut needed to reach full employment is
 
  a. 30.
  b. 60.
  c. 75.
  d. 300.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bob

  • Sr. Member
  • ****
  • Posts: 343
Answer to Question 1

C

Answer to Question 2

C





 

Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

Did you know?

Long-term mental and physical effects from substance abuse include: paranoia, psychosis, immune deficiencies, and organ damage.

Did you know?

In 2012, nearly 24 milliion Americans, aged 12 and older, had abused an illicit drug, according to the National Institute on Drug Abuse (NIDA).

Did you know?

As the western states of America were settled, pioneers often had to drink rancid water from ponds and other sources. This often resulted in chronic diarrhea, causing many cases of dehydration and death that could have been avoided if clean water had been available.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

For a complete list of videos, visit our video library