This topic contains a solution. Click here to go to the answer

Author Question: If the money demand function is given by Md = 10 + 0.2Y 10r then a 10-unit increase in the quantity ... (Read 101 times)

bb

  • Hero Member
  • *****
  • Posts: 544
If the money demand function is given by Md = 10 + 0.2Y  10r then a 10-unit increase in the quantity of money will cause the LM schedule to shifts to
 
  a. to the right by 10 units.
  b. the right by 50 units.
  c. to the left by 40 units.
  d. to the left by 50 units.
  e. to the right by 40 units.

Question 2

Hyperinflation typically ________.
 
  A) describes periods of extreme price increases of over 50 per month or 1,000 per year
  B) is a result of extreme periods of money growth that tend to come from large fiscal imbalances
  C) affects both poor and developed economies
  D) all of the above
  E) none of the above



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

Eunice618

  • Sr. Member
  • ****
  • Posts: 350
Answer to Question 1

B

Answer to Question 2

D




bb

  • Member
  • Posts: 544
Reply 2 on: Jun 30, 2018
Wow, this really help


kusterl

  • Member
  • Posts: 315
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

Did you know?

The Romans did not use numerals to indicate fractions but instead used words to indicate parts of a whole.

Did you know?

There are 20 feet of blood vessels in each square inch of human skin.

Did you know?

Vital signs (blood pressure, temperature, pulse rate, respiration rate) should be taken before any drug administration. Patients should be informed not to use tobacco or caffeine at least 30 minutes before their appointment.

For a complete list of videos, visit our video library