Author Question: If economic recovery has already occurred by the time the effects of expansionary monetary policy ... (Read 108 times)

corkyiscool3328

  • Hero Member
  • *****
  • Posts: 539
If economic recovery has already occurred by the time the effects of expansionary monetary policy are felt, it could cause an inflation problem rather than curing a recession problem.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is true of the rule of 72?
 a. The rule of 72 is used to approximate annual real GDP.
  b. The rule of 72 determines the time required for any value to double if it grows at a constant annual rate.
  c. The rule of 72 is used to calculate the number of years it takes for any quantity to treble in size.
  d. The rule of 72 refers to the fact that real GDP doubles every 6 years.
  e. The rule of 72 refers to the fact that capital growth has consistently contributed 72 percent to the U.S. real GDP.



josephsuarez

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

True

Answer to Question 2

b



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

To combat osteoporosis, changes in lifestyle and diet are recommended. At-risk patients should include 1,200 to 1,500 mg of calcium daily either via dietary means or with supplements.

Did you know?

Most strokes are caused when blood clots move to a blood vessel in the brain and block blood flow to that area. Thrombolytic therapy can be used to dissolve the clot quickly. If given within 3 hours of the first stroke symptoms, this therapy can help limit stroke damage and disability.

Did you know?

Aspirin is the most widely used drug in the world. It has even been recognized as such by the Guinness Book of World Records.

Did you know?

Every 10 seconds, a person in the United States goes to the emergency room complaining of head pain. About 1.2 million visits are for acute migraine attacks.

For a complete list of videos, visit our video library