The potential money multiplier gives us
A) the maximum potential change in the money supply due to a change in reserves.
B) the growth in real national income when the money supply increases.
C) the maximum potential change in the money supply due to a change in income.
D) the growth in the money supply when income increases.
A
Economics
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Why do a significant number of economists object to the world's current financial system?
a. They believe it can lead to an unstoppable global financial crash. b. They believe it isn't fair to highly developed nations. c. They believe it leaves too much room for fraud and corruption. d. They believe it is biased toward support of the American economy.
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The marginal propensity to save is defined as:
A) ?C/?Yd. B) ?S/?Yd. C) ?Yd/?C. D) ?Yd/?S.
Economics