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Author Question: If the economy spends 80 percent of any increase in real GDP, then an increase in investment of 1 ... (Read 166 times)

Kthamas

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on: Jun 30, 2018
If the economy spends 80 percent of any increase in real GDP, then an increase in investment of 1 billion would result ultimately in an increase in real GDP of:
 a. 0.
  b. 0.8 billion.
  c. 1.0 billion.
  d. 5.0 billion.

Question 2

M2 money includes all but which one of the following?
 a. Checkable deposits.
  b. Savings accounts.
  c. Large denomination time deposits.
  d. Money market deposit accounts.
  e. Money market mutual accounts.


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duke02

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Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

c


Kthamas

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Reply #2 on: Jun 30, 2018
Thank you :)


duke02

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Reply #3 on: Jun 30, 2018
Happy to help you


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