29. You deposit $4,000 in currency in your checking account. The bank holds 20 percent of all deposits as desired reserves. As a direct result of your deposit, your bank will create(A) $200 of new money. (B) $800 of new money.(C)$1,600 of new money. (D) $3,200 of new money.

39. "European Economic Recovery Plan""The European Commission urged EU governments to jointly combat the economic slowdown with 200 billion euros ($256 billion) in spending and tax cuts to boost growth and consumer and business confidence. " The plan "...would see the 27 EU governments spend 1.5 percent of the bloc's gross domestic product to halt the slowdown that has already pushed some European nations into recession."www.iht.com, 11/26/2008The plan is expected to(A) shift the AD curve rightward and increase real GDP.(B) shift the AD curve leftward and decrease the recessionary gap.(C)decrease the recessionary gap and decrease the price level.(D) use the autonomous tax multiplier to eliminate the inflationary gap.

29. You deposit $4,000 in currency in your checking account. The bank holds 20 percent of all deposits as desired reserves. As a direct result of your deposit, your bank will create
(A) $200 of new money.
(B) $800 of new money.
(C)$1,600 of new money.
(D) $3,200 of new money.

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29. You deposit $4,000 in currency in your checking account. The bank holds 20 percent of all deposits as desired reserves. As a direct result of your deposit, your bank will create(A) $200 of new money.(B) $800 of new money.(C)$1,600 of new money.(D) $3,200 of new money.

相關試題

相關試卷

29. You deposit $4,000 in currency in your checking account. The bank holds 20 percent of all deposits as desired reserves. As a direct result of your deposit, your bank will create
(A) $200 of new money.
(B) $800 of new money.
(C)$1,600 of new money.
(D) $3,200 of new money.