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

Author Question: If MPC = 0.9, equilibrium real GDP is 1,000 . and full-employment real GDP is 2,000 . then how much ... (Read 118 times)

tnt_battle

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
If MPC = 0.9, equilibrium real GDP is 1,000 . and full-employment real GDP is 2,000 . then how much should government spending change to bring about full employment?
 a. +1,000.
  b. 100.
  c. +900.
  d. +100.
  e. 0.9.

Question 2

The Federal Reserve Board of Governors consists of:
 a. 50 members selected by state legislatures.
  b. 12 members, one from each Federal Reserve District.
  c. 12 members nominated by the President and confirmed by the Senate.
  d. seven members elected by Congress.
  e. seven members nominated by the President and confirmed by the Senate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

e


tnt_battle

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

kthug

  • Member
  • Posts: 332
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

The Centers for Disease Control and Prevention (CDC) was originally known as the Communicable Disease Center, which was formed to fight malaria. It was originally headquartered in Atlanta, Georgia, since the Southern states faced the worst threat from malaria.

Did you know?

As many as 20% of Americans have been infected by the fungus known as Histoplasmosis. While most people are asymptomatic or only have slight symptoms, infection can progress to a rapid and potentially fatal superinfection.

Did you know?

Atropine, along with scopolamine and hyoscyamine, is found in the Datura stramonium plant, which gives hallucinogenic effects and is also known as locoweed.

Did you know?

About 3% of all pregnant women will give birth to twins, which is an increase in rate of nearly 60% since the early 1980s.

Full Moon Full Moon
What is real and what is an illusion? What is real and what is an illusion?
A greater number of men than women hold full-time jobs, but the gap is closing because of an ... A greater number of men than women hold full-time jobs, but the gap is closing because of an ...
An 80-g aluminum calorimeter contains 380 g of water at an equilibrium temperature of A piece ... An 80-g aluminum calorimeter contains 380 g of water at an equilibrium temperature of A piece ...
The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ... The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ...
Number line (real numbers) Number line (real numbers)
Video: What is Reverse Osmosis?

For a complete list of videos, visit our video library