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Author Question: Purchases of existing commodities, such as gold and precious gems, are considered investment ... (Read 171 times)

swpotter12

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Purchases of existing commodities, such as gold and precious gems, are considered investment spending by economists.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

If a bank borrows 1,000 from the Fed and lends it out, the bank sets in motion a process that will result in an expansion of the money supply by a multiple of that 1,000.
 a. True
  b. False
  Indicate whether the statement is true or false



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samiel-sayed

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Answer to Question 1

False

Answer to Question 2

True




swpotter12

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


nguyenhoanhat

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Reply 3 on: Yesterday
:D TYSM

 

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