If the marginal propensity to consume (MPC) is 0.80, the value of ...

[viki]

If the marginal propensity to consume (MPC) is 0.80, the value of the spending multiplier is 2.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

__________ plus __________ plus __________ equals ___________.
 a. Total deposits, loans, required reserves, excess reserves.
  b. Loans, required reserves, excess reserves, total deposits.
  c. Required reserves, total deposits, excess reserves, loans.
  d. Excess reserves, loans, total deposits, required reserves.

[nothere]

Answer to Question 1

False

Answer to Question 2

b

[viki]

Excellent

[kswal303]

Thanks for the timely response, appreciate it