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Author Question: According to the Keynesian model, the government can increase spending or cut taxes to close a ... (Read 125 times)

folubunmi

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  • 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

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

True

Answer to Question 2

c


folubunmi

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Reply 2 on: Jun 30, 2018
Thanks for the timely response, appreciate it

bbburns21

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Reply 3 on: Yesterday
Excellent

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