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

Author Question: If the money multiplier is 3.5, a 10 billion increase in the monetary base A) increases the ... (Read 190 times)

clippers!

  • Hero Member
  • *****
  • Posts: 828
on: Jun 29, 2018
If the money multiplier is 3.5, a 10 billion increase in the monetary base
 
  A) increases the quantity of money by 35 billion.
  B) increases the quantity of money by 2.86 billion.
  C) increases the quantity of money by 3.5 billion.
  D) increases the quantity of money by 10 billion.

Question 2

Real GDP per person is slowly converging around the world.
 
  Indicate whether the statement is true or false


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

paavo

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

FALSE


clippers!

  • Member
  • Posts: 828
Reply 2 on: Jun 29, 2018
YES! Correct, THANKS for helping me on my review

diana chang

  • Member
  • Posts: 288
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

In 2010, opiate painkllers, such as morphine, OxyContin®, and Vicodin®, were tied to almost 60% of drug overdose deaths.

Did you know?

Fewer than 10% of babies are born on their exact due dates, 50% are born within 1 week of the due date, and 90% are born within 2 weeks of the date.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

Increased intake of vitamin D has been shown to reduce fractures up to 25% in older people.

Cellular mechanisms that increase protein diversity Cellular mechanisms that increase protein diversity
Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
Earth’s Oldest Preserved Rocks – 3.8 Billion Years Old, Greenland Earth’s Oldest Preserved Rocks – 3.8 Billion Years Old, Greenland
Acid–Base Balance Acid–Base Balance
Acid–Base Balance Acid–Base Balance
Relationship of a DNA base sequence to peptide structure Relationship of a DNA base sequence to peptide structure
Video: ribosome

For a complete list of videos, visit our video library