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Author Question: Which of the following increases as a result of an increase in real GDP? i. autonomous ... (Read 81 times)

oliviahorn72

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on: Jun 29, 2018
Which of the following increases as a result of an increase in real GDP?
 
  i. autonomous expenditure
  ii. induced expenditure
  iii. potential GDP
  A) i only B) ii only C) iii only D) ii and iii E) i, ii, and iii

Question 2

The above table has the demand and supply schedules for money. What is the equilibrium nominal interest rate?
 
  A) 8 percent B) 7 percent C) 6 percent D) 5 percent E) 9 percent


Jossy

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Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

E


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oliviahorn72

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Reply #2 on: Jun 29, 2018
Thank you


Jossy

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Reply #3 on: Jun 29, 2018
No problemo


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