This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: Are the values of the multipliers in the short run and the long run larger or smaller than 2? ... (Read 84 times)

WhattoUnderstand

  • Hero Member
  • *****
  • Posts: 517
on: Jun 29, 2018
Are the values of the multipliers in the short run and the long run larger or smaller than 2?
 
  What will be an ideal response?

Question 2

Refer to Table 9-11. With trade, what is the total gain in hat production?
 
  A) 150 B) 300 C) 400 D) 650


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

emilymalinowski12

  • Sr. Member
  • ****
  • Posts: 338
Reply #1 on: Jun 29, 2018
Answer to Question 1

The multiplier in the short run is less than the multiplier of 2 because the short-run increase in real GDP is less than 200 billion. The long-run multiplier is even smaller. It equals zero.

Answer to Question 2

A


WhattoUnderstand

  • Member
  • Posts: 517
Reply 2 on: Jun 29, 2018
:D TYSM

AngeliqueG

  • Member
  • Posts: 343
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

As many as 28% of hospitalized patients requiring mechanical ventilators to help them breathe (for more than 48 hours) will develop ventilator-associated pneumonia. Current therapy involves intravenous antibiotics, but new antibiotics that can be inhaled (and more directly treat the infection) are being developed.

Did you know?

About 100 new prescription or over-the-counter drugs come into the U.S. market every year.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Constructing large motifs from smaller ones Constructing large motifs from smaller ones
Beaker with ibex, dogs, and long-necked birds, from southwest Iran. Beaker with ibex, dogs, and long-necked birds, from southwest Iran.
Short-wavelength flux is reflected by Earth Short-wavelength flux is reflected by Earth
a solution is prepared in which a trace or small amount of Fe2+ is added to a much larger ... a solution is prepared in which a trace or small amount of Fe2+ is added to a much larger ...
computer short cuts computer short cuts
Selected Broad Sense Heritability (H2) Values from Human Twin Studies Selected Broad Sense Heritability (H2) Values from Human Twin Studies
Video: Introduction to Sickle Cell Anemia

For a complete list of videos, visit our video library