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

Author Question: Which of the following explains why a 100 billion reduction in consumption spending might decrease ... (Read 154 times)

Garrulous

  • Hero Member
  • *****
  • Posts: 686
Which of the following explains why a 100 billion reduction in consumption spending might decrease equilibrium real GDP by more than 100 billion?
 a. Say's law.
  b. The quantity theory of money.
  c. Flexible resource prices.
  d. The multiplier principle.

Question 2

Which of the following is a desirable property of money?
 a. Scarcity.
  b. Portability.
  c. Divisibility.
  d. All of these.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

atrochim

  • Sr. Member
  • ****
  • Posts: 331
Answer to Question 1

d

Answer to Question 2

d




Garrulous

  • Member
  • Posts: 686
Reply 2 on: Jun 30, 2018
Gracias!


bassamabas

  • Member
  • Posts: 294
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

Did you know?

The human body's pharmacokinetics are quite varied. Our hair holds onto drugs longer than our urine, blood, or saliva. For example, alcohol can be detected in the hair for up to 90 days after it was consumed. The same is true for marijuana, cocaine, ecstasy, heroin, methamphetamine, and nicotine.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

In 1886, William Bates reported on the discovery of a substance produced by the adrenal gland that turned out to be epinephrine (adrenaline). In 1904, this drug was first artificially synthesized by Friedrich Stolz.

Did you know?

More than nineteen million Americans carry the factor V gene that causes blood clots, pulmonary embolism, and heart disease.

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.

For a complete list of videos, visit our video library