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Please Help Question 70 5 pts If the required reserve ratio is 19% and you deposit $479 of cash into a bank. what is the
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Question 70 5 pts If the required reserve ratio is 19% and you deposit $479 of cash into a bank. what is the maximum amount the total deposits could increase by? Please round to two decimal places and do not include the dollar sign. For example. if your answer is $5678.977 you would enter 5678.98. Question 71 5 pts If the MPC is 0.72 and government purchases decreases by $2,790, holding all else constant, real GDP will change by _____ according to the multiplier effect (assuming no crowding out). Please round to 2 decimal places. Be sure to include a negative sign (-1 if it is a decrease and do not include a dollar sign (33) when answering. Question 72 5 pts If the MPC is 0.76 and taxes decrease by $5,502, holding all else constant, real GDP will change by _____ according to the multiplier effect. Please round to 2 decimal places. Be sure to include a negative sign H if it is a decrease and do not include a dollar sign {$1 when answeringStep by Step Solution
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