If the spending multiplier is 1.2, then a $100 billion increase in government spending will increase private sector spending by

Based on the production and revenue data in the above table, if the wage rate is $35 per worker, how many workers will be hired?

A) 5 B) 4 C) 3 D) 2

Do bankers create money?

a. No, they cannot do this as private businesses. b. No, they are prevented by federal law. c. Yes, through multiple deposit creation. d. Yes, by opening checking accounts for customers.