[Answered] According to the Keynesian model, the government can increase spending or cut taxes to close a ...

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folubunmi

Hero Member
Posts: 524

on: Jun 30, 2018

According to the Keynesian model, the government can increase spending or cut taxes to close a recessionary gap.
a. True
b. False
Indicate whether the statement is true or false

Question 2

In a commercial bank's T-account, reserves and outstanding loans are recorded as:
a. debts.
b. profits.
c. assets.
d. liabilities.

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frankwu0507

Sr. Member
Posts: 322

Reply #1 on: Jun 30, 2018

Answer to Question 1

True

Answer to Question 2

c

folubunmi

Member
Posts: 524

Reply 2 on: Jun 30, 2018

TYSM

flexer1n1

Member
Posts: 373

Reply 3 on: Yesterday

Wow, this really help

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