The growth rate of real GDP equals A) (real GDP in previous ...

[azncindy619]

The growth rate of real GDP equals
 
  A) (real GDP in previous year - real GDP in current year)  real GDP in previous year  100.
  B) (real GDP in current year - real GDP in previous year)  real GDP in previous year  100.
  C) (employment in the current year - employment in previous year)/employment in previous year  100.
  D) (real GDP in current year - real GDP in previous year)  100.
  E) (real GDP in current year - real GDP in previous year)  real GDP in current year  100.

Question 2

Assuming all excess reserves are loaned out, if the reserve ratio is 8 percent, the money multiplier will be equal to
 
  A) 2. B) 8. C) 12.5. D) 16.67.

[mariahkathleeen]

Answer to Question 1

B

Answer to Question 2

C

[azncindy619]

Thanks for the timely response, appreciate it

[nathang24]

TYSM