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Author Question: When the monetary base increases by 4 billion, the quantity of money increases by 10 billion. Thus, ... (Read 92 times)

chads108

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When the monetary base increases by 4 billion, the quantity of money increases by 10 billion. Thus, the money multiplier equals
 
  A) 0.4.
  B) 2.5.
  C) 40.0.
  D) none of the above.

Question 2

As the quantity of a good consumed increases, its marginal utility ________ and its total utility ________.
 
  A) increases; increases
  B) increases; decreases
  C) decreases; increases
  D) decreases; decreases



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dreamfighter72

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Answer to Question 1

B

Answer to Question 2

C




chads108

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Reply 2 on: Jun 29, 2018
Excellent


at

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Reply 3 on: Yesterday
:D TYSM

 

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