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Author Question: If the marginal propensity to save is 0.40, a 20 billion increase in investment spending would cause ... (Read 97 times)

yoroshambo

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on: Jun 30, 2018
If the marginal propensity to save is 0.40, a 20 billion increase in investment spending would cause equilibrium output to:
 a. increase by 50.
  b. increase by 80.
  c. decrease by 33.
  d. decrease by 40.
  e. decrease by 20.

Question 2

The Monetary Control Act of 1980:
 a. created less competition among various financial institutions.
  b. allowed fewer institutions to offer checking account services.
  c. restricted savings and loan associations to long-term loans.
  d. all of the above.
  e. none of the above.


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tuate

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

a

Answer to Question 2

e


yoroshambo

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Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

helenmarkerine

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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