Business Finance
Rasmussen College Module 6 Welfare Spending & Direct Taxes Questions

Rasmussen College

Question Description

there are 15 questions that need answers, this is not an essay question so it wont take long to complete. I am hoping to have this done rather quickly! Thank you to whomever chooses to do this assignment.

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Principles of Economics Name: Date: onomics The means that fiscal policy uses to attain its goals are the manipulation of ____________________ and ____________________________. Answers: of Welfare spending, unemployment compensation, and direct taxes are all examples of ____________________________. Answer: examples of When the MPC is 0.8, how much is the multiplier? Answer: If GDP is 3,400, the multiplier is 5, and I rises by 15, what is the new level of GDP? Answer: If GDP is 3,900, the multiplier is 8, and G falls by 10, what is the new level of GDP? Answer: The world's first bankers were ___________________________. Answer: What are the three functions of money? Answers: The M1 money supply consists of _______________________, _______________________, __________________________, and _____________________________. Answers: Banks are very heavily regulated. The main reason for this is that _______________________________. Answer: What is the most successful bartering system in the world? Answer: Our paper currency is issued by __________________________________. Answer: Our currency is backed by _________________________________________. Answer: If the Fed wants to increase the money supply, it will follow these steps: Answers: If the reserve requirement were 15-percent, how much would the deposit multiplier be? Answer: Control of the Federal Reserve is held by _______________________________. Answer: ...
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Missmourine (4115)
Carnegie Mellon University

Anonymous
Thanks for the help.

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