The extent of money expansion will be:
a. greater if banks hold on to excess reserves.
b. greater if private individuals hold on to cash.
c. greater if banks hold on to excess reserves but less if private individuals hold on to cash.
d. less if banks hold on to excess reserves but greater if private individuals hold on to cash.
e. less if banks hold on to excess reserves or private individuals hold on to cash.
Question 2
If the spending multiplier is greater than 1.0, a 200 billion increase in autonomous investment will cause:
a. equilibrium investment to increase by less than 200 billion.
b. equilibrium investment to decrease by more than 200 billion.
c. equilibrium real GDP demanded to increase by more than 200 billion.
d. equilibrium real GDP demanded to decrease by less than 200 billion.
e. equilibrium saving to decrease by more than 200 billion.
The greater honeyguide, Indicator indicator.
Female Hector's dolphin jumping off Banks Peninsula, New Zealand
Joseph Banks
Adjusting a valve takes both hands—one to hold the wrench to loosen and tighten the lock nut and ...
Atlantic Cod Stocks, Grand and George Banks
A farmer is building a new cylindrical silo that will hold 1800 cm3 of corn. Wha