If e = 0.15, c = 0.07, and H = 140, the quantity of deposits at full multiplier expansion is
A) 1750.00.
B) 13,333.33.
C) 998.67.
D) 636.36.
E) 30.8.
D
Economics
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In the classical model
A) a decrease in aggregate demand will lead to a decrease in the price level and a decrease in real GDP. B) changes in aggregate supply leave real GDP unchanged. C) a decrease in aggregate demand will lead to an increase in the price level and a decrease in real GDP. D) changes in aggregate demand affect only the price level, not real GDP.
Economics
The Robinson-Patman Act of 1936 amended the: a. Sherman Act
b. Clayton Act. c. Federal Trade Commission Act. d. Wagner Act.
Economics