This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Mathematically, the value of the spending multiplier in terms of the marginal propensity to consume ... (Read 117 times)

tth

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
Mathematically, the value of the spending multiplier in terms of the marginal propensity to consume (MPC) is given by the formula:
 a. MPC  1.
  b. (MPC 1) / MPC.
  c. 1 / MPC.
  d. 1 / (1  MPC).

Question 2

Which one of the following is part of the M2 definition of the money supply, but not part of M1?
 a. Checkable deposits.
  b. Currency held in banks.
  c. Currency in circulation.
  d. Small time deposits of less than 100,000.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

angrybirds13579

  • Sr. Member
  • ****
  • Posts: 344
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


tth

  • Member
  • Posts: 579
Reply 2 on: Jun 30, 2018
Excellent

lkanara2

  • Member
  • Posts: 329
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

Did you know?

There are more sensory neurons in the tongue than in any other part of the body.

Did you know?

Though “Krazy Glue” or “Super Glue” has the ability to seal small wounds, it is not recommended for this purpose since it contains many substances that should not enter the body through the skin, and may be harmful.

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Adults in late middle adulthood frequently look forward to spending more time with their partner Adults in late middle adulthood frequently look forward to spending more time with their partner
Inflated Phrases Compared with Concise Terms Inflated Phrases Compared with Concise Terms
Frequently Used Computer Terms Frequently Used Computer Terms
How to evaluate algebraic expressions with given terms How to evaluate algebraic expressions with given terms
How to evaluate algebraic terms containing fractional exponents without a calculator How to evaluate algebraic terms containing fractional exponents without a calculator
You Need to Consume Carbohydrates Daily You Need to Consume Carbohydrates Daily
Video: Osmosis - Isotonic, Hypotonic, and Hypertonic​ Solutions

For a complete list of videos, visit our video library