Author Question: If savings does not depend upon the interest rate, then a. the IS curve is vertical. b. the IS ... (Read 29 times)

james0929

  • Hero Member
  • *****
  • Posts: 586
If savings does not depend upon the interest rate, then
 
  a. the IS curve is vertical.
  b. the IS curve is horizontal.
  c. the LM curve is horizontal.
  d. the IS curve is still downward sloping.
  e. none of the above.

Question 2

The equation for the balanced budget multiplier can be written as
 
  a. (1/1  b)  (b/1  b).
  b. (1/1 + b) + ( b/1  b).
  c. (1/1  b) + (b/1 + b).
  d. (1/1 + b)  (b/1 + b).



HandsomeMarc

  • Sr. Member
  • ****
  • Posts: 360
Answer to Question 1

D

Answer to Question 2

C



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

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 top 10 most important tips that will help you grow old gracefully include (1) quit smoking, (2) keep your weight down, (3) take supplements, (4) skip a meal each day or fast 1 day per week, (5) get a pet, (6) get medical help for chronic pain, (7) walk regularly, (8) reduce arguments, (9) put live plants in your living space, and (10) do some weight training.

Did you know?

Asthma is the most common chronic childhood disease in the world. Most children who develop asthma have symptoms before they are 5 years old.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

For a complete list of videos, visit our video library