The extent of money expansion will be:
a. greater if banks hold on to excess reserves.
b. greater if private individuals hold on to cash.
c. greater if banks hold on to excess reserves but less if private individuals hold on to cash.
d. less if banks hold on to excess reserves but greater if private individuals hold on to cash.
e. less if banks hold on to excess reserves or private individuals hold on to cash.
Question 2
If the spending multiplier is greater than 1.0, a 200 billion increase in autonomous investment will cause:
a. equilibrium investment to increase by less than 200 billion.
b. equilibrium investment to decrease by more than 200 billion.
c. equilibrium real GDP demanded to increase by more than 200 billion.
d. equilibrium real GDP demanded to decrease by less than 200 billion.
e. equilibrium saving to decrease by more than 200 billion.
Extent of agricultural activity across the planet (data from Foley et al. 2005).
Medicinal leeches on a patient’s neck. Today leeches are sometimes used in microsurgery to prevent b
A sod house in North Dakota, 1896. Individual “bricks” of sod were hewn from the ground and stacked
The fuel system should hold pressure if the system is leak free.
Excess heat capacity chart
Expansion Ratios for Liquefied Compressed Gases