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Author Question: Which of the followingcorrectlyis the money multiplier? a. The required reserve ratio. b. 1/(1 ... (Read 112 times)

craiczarry

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on: Jun 30, 2018
Which of the followingcorrectlyi s the money multiplier?
 a. The required reserve ratio.
  b. 1/(1  the required reserve ratio).
  c. 1/(required reserve ratio).
  d. 1/(1  MPC).

Question 2

To grow and prosper, less-developed countries must not:
 a. invest in human capital.
  b. build a strong infrastructure.
  c. shift resources out of the production of consumer goods and into the production of capital goods.
  d. shift resources out of the production of capital goods and into the production of consumer goods
  e. improve the quality of the water supply


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jasonq

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

c

Answer to Question 2

d


craiczarry

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Reply #2 on: Jun 30, 2018
Thank you


jasonq

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Reply #3 on: Jun 30, 2018
No problemo


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