Short Answer Questions. Please address the following questions. Your total page requirement is 3- to 5-pages, double spaced, typed, APA format, ONLINE SOURCES ONLY.a. If the marginal propensity to save (MPS) is .2, how much will the consumer spend?b. If the consumer deposits the entire $1000 into a bank and, assuming the reserve requirement rate is 10%, what will be the eventual increase in checking account balances?True/False Statements. Indicate if the statement below is True or False. You must support your answer with a few sentences for each statement.a. When considering the aggregate demand curve, the wealth effect, interest rate effect, and effects from international trade reinforce each other.b. When federal government spending amounts to less than tax revenues, the federal government runs a budget deficit.c. Credits cards are NOT a part of the M1 or M2 money supply.d. Money is a perfect store of value.Assignment Expectations – ONLINE RESOURCES with Accessible Links ONLYUse concepts from the modular background readings, as well as any good-quality resources you find. Please be sure to cite all sources within the text and provide a reference list at the end of the paper.
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