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Author Question: An increase in government expenditures by 100 (unmatched by an increase in taxes) would, if the MPC ... (Read 77 times)

kfurse

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on: Jun 30, 2018
An increase in government expenditures by 100 (unmatched by an increase in taxes) would, if the MPC = 0.90, result in an increase in real GDP by:
 a. 1,000.
  b. 9,000.
  c. 900.
  d. 190.
  e. inadequate information is given.

Question 2

The main purpose of the Fed is to:
 a. serve as the bankers' bank for member banks.
  b. regulate interest rates.
  c. print Federal Reserve Notes.
  d. regulate financial institutions.
  e. maintain the proper functioning of our money system.


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Madisongo23

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

a

Answer to Question 2

e


kfurse

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Reply 2 on: Jun 30, 2018
Excellent

Jossy

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Reply 3 on: Yesterday
:D TYSM

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