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Question 24 (2 points) If a country's economic data shows private savings of $400 million, government spending of $250 million, tax revenue of $400 million,
Question 24 (2 points) If a country's economic data shows private savings of $400 million, government spending of $250 million, tax revenue of $400 million, and a trade surplus of $175 million, then what does investment equal? a) $550 million b) $425 million Oc) $800 million od) $375 million Question 16 (2 points) If a Central Bank decides it needs to decrease both the aggregate demand and the money supply, then it will: O a) follow expansionary monetary policy. b) follow loose monetary policy. Oc) follow tight monetary policy. u d follow quantitative easing policy. Question 17 (2 points) If the central bank decreases the amount of reserves banks are required to hold from 20% to 10%, then: a) the money multiplier will increase and the supply of money in the economy will decrease. b) both the money multiplier and the supply of money in the economy will decrease. c) both the money multiplier and the supply of money in the economy will increase. d) the money multiplier will decrease and the supply of money in the economy will increase
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