Author Question: The banking system creates money in the sense that it: a. prints money. b. creates excess reserves ... (Read 69 times)

jeatrice

  • Hero Member
  • *****
  • Posts: 543
The banking system creates money in the sense that it:
 a. prints money.
 b. creates excess reserves from loans.
  c. creates loans from excess reserves.
  d. creates required reserves from loans.
  e. creates loans from required reserves.

Question 2

The aggregate expenditure line is drawn on a graph that measures:
 a. real GDP on the horizontal axis and aggregate expenditure on the vertical axis.
  b. aggregate expenditure on the horizontal axis and real GDP on the vertical axis.
  c. consumption on the horizontal axis and aggregate expenditure on the vertical axis.
  d. aggregate expenditure on the horizontal axis and consumption on the vertical axis.
  e. investment on the horizontal axis and aggregate expenditure on the vertical axis.



babybsemail

  • Sr. Member
  • ****
  • Posts: 304
Answer to Question 1

c

Answer to Question 2

a



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question


 

Did you know?

The most common treatment options for addiction include psychotherapy, support groups, and individual counseling.

Did you know?

Over time, chronic hepatitis B virus and hepatitis C virus infections can progress to advanced liver disease, liver failure, and hepatocellular carcinoma. Unlike other forms, more than 80% of hepatitis C infections become chronic and lead to liver disease. When combined with hepatitis B, hepatitis C now accounts for 75% percent of all cases of liver disease around the world. Liver failure caused by hepatitis C is now leading cause of liver transplants in the United States.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

The effects of organophosphate poisoning are referred to by using the abbreviations “SLUD” or “SLUDGE,” It stands for: salivation, lacrimation, urination, defecation, GI upset, and emesis.

Did you know?

In Eastern Europe and Russia, interferon is administered intranasally in varied doses for the common cold and influenza. It is claimed that this treatment can lower the risk of infection by as much as 60–70%.

For a complete list of videos, visit our video library