The term multiple expansion deposits refer to the fact that . When there is government spending, the
Question:
The term multiple expansion deposits refer to the fact that . When there is government spending, the final impact of that spending on aggregate demand may be greater than the dollar amount of the government spending. When there is government spending, the final impact of government spending may be offset by the effect of deficit spending on the market for loanable funds An increase in the amount of excess reserves that a bank is holding will lead to an increase in the money supply larger than the amount of the excess reserves Deposit accounts accrue interest on an ongoing basis, and interest is compounded Loans accrue interest on an ongoing basis, and interest is compounded.
Accounting Principles
ISBN: 978-0470533475
9th Edition
Authors: Jerry J. Weygandt, Paul D. Kimmel, Donald E. Kieso