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

Author Question: When the Fed changes the quantity of money, there is an immediate effect on A) the inflation rate ... (Read 32 times)

Capo

  • Hero Member
  • *****
  • Posts: 545
on: Jun 29, 2018
When the Fed changes the quantity of money, there is an immediate effect on
 
  A) the inflation rate but not the price level.
  B) the nominal interest rate.
  C) real GDP.
  D) the price level and the inflation rate.
  E) the price level but not the inflation rate.

Question 2

Suppose Mack's wage was 7.00 an hour in 2001 and was 12.00 per hour in 2012. The CPI was 94 in 2001 and 201 in 2012. The 2001 wage in terms of 2012 dollars is
 
  A) 13.16. B) 7.00. C) 14.97. D) 14.07. E) 3.48.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

rosiehomeworddo

  • Sr. Member
  • ****
  • Posts: 306
Reply #1 on: Jun 29, 2018
Answer to Question 1

B

Answer to Question 2

C


Capo

  • Member
  • Posts: 545
Reply 2 on: Jun 29, 2018
Gracias!

billybob123

  • Member
  • Posts: 336
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Prostaglandins were first isolated from human semen in Sweden in the 1930s. They were so named because the researcher thought that they came from the prostate gland. In fact, prostaglandins exist and are synthesized in almost every cell of the body.

Did you know?

The use of salicylates dates back 2,500 years to Hippocrates’s recommendation of willow bark (from which a salicylate is derived) as an aid to the pains of childbirth. However, overdosage of salicylates can harm body fluids, electrolytes, the CNS, the GI tract, the ears, the lungs, the blood, the liver, and the kidneys and cause coma or death.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

Did you know?

About 60% of newborn infants in the United States are jaundiced; that is, they look yellow. Kernicterus is a form of brain damage caused by excessive jaundice. When babies begin to be affected by excessive jaundice and begin to have brain damage, they become excessively lethargic.

Did you know?

Nearly 31 million adults in America have a total cholesterol level that is more than 240 mg per dL.

The first commercially successful typewriter, manufactured in quantity beginning in 1874, surely fue The first commercially successful typewriter, manufactured in quantity beginning in 1874, surely fue
Maximal Heart Rate Over Time Maximal Heart Rate Over Time
How to solve rate problems leading to fractional equations (Question 3) How to solve rate problems leading to fractional equations (Question 3)
The enhanced greenhouse effect The enhanced greenhouse effect
Total Fertility Rate in Japan: Actual versus Forecast Total Fertility Rate in Japan: Actual versus Forecast
If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ... If a graph has the following x-intercepts, which value of x is the instantaneous rate of change ...
Video: Virtual Enzyme Kinetics & Lineweaver Burk Plot

For a complete list of videos, visit our video library