The main determinant of the discount rate on a privately issued bank note was:
a. how long the issuing bank had been in operation.
b. who was on the issuing bank's board of directors.
c. the general reputation of the issuing bank.
d. the distance of the issuing bank from the location where the note was being used.
d. the distance of the issuing bank from the location where the note was being used.
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Major achievements of the Roosevelt administration in the field of conservation included all of the following except
a. protection of 150 acres of national forests. b. retention of rights to 75 million acres of mineral wealth. c. adoption of policies that would ultimately provide for construction of reservoirs and irrigation projects. d. protection of over 100 species of animals and birds, including the bald eagle.
If the value of the marginal propensity to consume (MPC) is 0.90, the value of the spending multiplier is:
a. 10. b. 1.1. c. 90. d. 100.