Author Question: Induced expenditure is any expenditure that A) is fixed for all price levels. B) is fixed for ... (Read 23 times)

shenderson6

  • Hero Member
  • *****
  • Posts: 573
Induced expenditure is any expenditure that
 
  A) is fixed for all price levels.
  B) is fixed for all levels of real GDP.
  C) changes when real GDP changes.
  D) changes when the interest rate changes.
  E) is fixed for all levels of the interest rate.

Question 2

The Fed can directly control all of the following EXCEPT
 
  A) the federal funds rate. B) long-term interest rates.
  C) the discount rate. D) reserve requirements.



SVictor

  • Sr. Member
  • ****
  • Posts: 365
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Women are 50% to 75% more likely than men to experience an adverse drug reaction.

Did you know?

According to animal studies, the typical American diet is damaging to the liver and may result in allergies, low energy, digestive problems, and a lack of ability to detoxify harmful substances.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

For a complete list of videos, visit our video library