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

Author Question: Economies cannot function without money. Indicate whether the statement is true or ... (Read 40 times)

karlynnae

  • Hero Member
  • *****
  • Posts: 599
on: Jun 29, 2018
Economies cannot function without money.
 
  Indicate whether the statement is true or false

Question 2

In September of 2007, the Federal Reserve Board Open Market Committee voted to lower interest rates for the first time that year. Explain how lower interest rates affect the aggregate demand curve.
 
  What will be an ideal response?


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

irishcancer18

  • Sr. Member
  • ****
  • Posts: 310
Reply #1 on: Jun 29, 2018
Answer to Question 1

FALSE

Answer to Question 2

Reducing the interest rate lowers the cost of borrowing to firms and to households. As a result, both firms and households will increase expenditures. This increase in expenditures will shift the aggregate demand curve to the right.


karlynnae

  • Member
  • Posts: 599
Reply 2 on: Jun 29, 2018
Gracias!

Joy Chen

  • Member
  • Posts: 354
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

There are more bacteria in your mouth than there are people in the world.

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Common abbreviations that cause medication errors include U (unit), mg (milligram), QD (every day), SC (subcutaneous), TIW (three times per week), D/C (discharge or discontinue), HS (at bedtime or "hours of sleep"), cc (cubic centimeters), and AU (each ear).

Did you know?

Methicillin-resistant Staphylococcus aureus or MRSA was discovered in 1961 in the United Kingdom. It if often referred to as a superbug. MRSA infections cause more deaths in the United States every year than AIDS.

Methicilli ...
Did you know?

The liver is the only organ that has the ability to regenerate itself after certain types of damage. As much as 25% of the liver can be removed, and it will still regenerate back to its original shape and size. However, the liver cannot regenerate after severe damage caused by alcohol.

The structure and function of the renal corpuscle. The structure and function of the renal corpuscle.
Demonstration of the function of a balloon-tipped catheter during a PTCA procedure. Demonstration of the function of a balloon-tipped catheter during a PTCA procedure.
Example of an Explanation of Benefits statement. Example of an Explanation of Benefits statement.
How to use the product rule to find the derivative of a function How to use the product rule to find the derivative of a function
Calculus help: Find a cubic function f (x) = ax3 +bx2 +cx+d that has a local maximum value of 3 ... Calculus help: Find a cubic function f (x) = ax3 +bx2 +cx+d that has a local maximum value of 3 ...
General Mathematics - Finding the Range of a Function General Mathematics - Finding the Range of a Function
Video: Lactation and Breast Feeding

For a complete list of videos, visit our video library