In a negative income tax system, some people pay taxes and others receive money from the IRS

The deposit expansion multiplier is increased if the Federal Reserve

A) buys government securities. B) sells government securities. C) lowers reserve requirements. D) raises reserve requirements.

Refer to above Table 2-1. What is the level of Disposable Personal Income?

A) 2520 B) 1900 C) 2200 D) 2120