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Author Question: All of the following were reasons that the Fed increase the required reserve ration in 1936 EXCEPT: ... (Read 45 times)

Marty

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on: Jun 30, 2018
All of the following were reasons that the Fed increase the required reserve ration in 1936 EXCEPT:
 
  A) concerns over the possibility of future inflation
  B) to eliminate the high level of excess reserves
  C) fears that the economy was overheating
  D) concerns over a speculative bubble

Question 2

Suppose we know the following about a lawn repair business: wages 15,000, profits 4,000, tax  3,000, parts  9,000. What is the contribution to GDP of this business using the product approach?
 
  A) 31,000.
  B) 27,000.
  C) 26,000.
  D) 22,000.


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joanwhite

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

C

Answer to Question 2

D


Marty

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

EAN94

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Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

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