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Author Question: If the marginal propensity to consume (MPC) is 0.80, the value of the spending multiplier is 2. a. ... (Read 83 times)

viki

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  • Posts: 525
on: Jun 30, 2018
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.


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nothere

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

False

Answer to Question 2

b


viki

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  • Posts: 525
Reply 2 on: Jun 30, 2018
Wow, this really help

Joy Chen

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Reply 3 on: Yesterday
Excellent

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