You own $10,000 in personal property, $2,000 in Company X stocks, $1,000 in U.S. Savings Bonds and have $500 in your checking account. If Company X goes bankrupt, the most you could lose is

A financial market panic that causes US depositors to withdraw their funds from Chinese banks, would cause a(n)________ in the demand of US dollars and a(n) _________in the demand of the Chinese Yuan

a. Increase; Increase b. Increase; Decrease c. Decrease; Increase d. Decrease; Decrease

Which of the following is the best choice to eliminate a recessionary gap if the desired fiscal stimulus is $10 billion and the aggregate demand shortfall is $100 billion, while the MPC is 0.90?

A. Tax cut of $10 billion. B. Tax hike of $10 billion. C. Tax hike of $11.11 billion. D. Tax cut of $11.11 billion.