An economic system in which the government decides what, how, and for whom to produce, directs workers to jobs, and owns all the land and capital is

A bank that has no excess reserves

A) cannot create loans. B) is not in equilibrium. C) is on the brink of bankruptcy. D) has no required reserves.

Describe the differences (in sign and relative magnitude) between the government purchases multiplier and the tax multiplier

What will be an ideal response?