Of the $840 billion American Recovery and Reinvestment Act stimulus package which was enacted in 2009, the largest tax cuts occurred in which category?

Which of the following will change the position of the IS curve?

A) An increase planned investment spending B) An increase in interest rates C) An increase in money demand D) An increase in the money supply

The maximum money that can be created by the entire banking system is equal to a multiple of its excess reserves

a. True b. False Indicate whether the statement is true or false