Suppose the consumption equation is represented by the following: C = 250 + .75YD. Given this information, the marginal propensity to save is

A bank's required reserves are calculated by multiplying ________

A) its deposits by the required reserve ratio B) the sum of its deposits and cash in its vault by the required reserve ratio C) cash in its vault by the required reserve ratio D) the gold in its vault by the required reserve ratio

The public choice model asserts that the self-interest of policymakers is likely to cause them to take actions that are inconsistent with the preferences of voters, even where those preferences are clear

Indicate whether the statement is true or false