A bank creates money when it Select one a.converts its excess reserve into an interest-earning asset b collects an interest payment on a loan c.accepts a deposit from a customer d all of the aboveA bank creates money when it Select one a.converts its excess reserve into an interest-earning asset b collects an interest payment on a loan c.accepts a deposit from a customer d all of the aboveUnder the flexible accelerator model, the larger the lambda, the slower the response of Investment to changes in current income Select one True FalseUnder the flexible accelerator model, the larger the lambda, the slower the response of Investment to changes in current income Select one True FalseAssuming brokerage costs are expensive for purchasing and selling bonds, then the effect of interest rates on money demand will be lower for groups with low and high incomes. Select one: True False Expansionary fiscal policy in the forms of investment tax credits could offset the crowding-out effects Select one True FalseExpansionary fiscal policy in the forms of investment tax credits could offset the crowding-out effects. Select one. True False An increase in consumer wealth of an irregular nature are consistent with the Life Cycle Hypothesis. Select one True FalseExpansionary fiscal policy in the forms of investment tax credits could offset the crowding-out effects. Select one. True False An increase in consumer wealth of an irregular nature are consistent with the Life Cycle Hypothesis. Select one True False