If the spending multiplier is equal to 5, then a 1 initial ...

[Cooldude101]

If the spending multiplier is equal to 5, then a 1 initial increase in investment spending will lead to a:
 a. 5 percent decrease in real GDP.
  b. 5 percent increase in real GDP.
  c. 5 decrease in real GDP.
  d. 5 increase in real GDP.
  e. 0.05 percent increase in real GDP.

Question 2

The number of presidentially appointed members who sit on the Federal Reserve Board of Governors is:
 a. none.
  b. seven.
  c. nine.
  d. twelve.

[kmb352]

Answer to Question 1

d

Answer to Question 2

b

[Cooldude101]

Thank you

[kmb352]

No problemo