« previous next »

Author Question: Suppose that the money multiplier is 3. If the monetary base increases by 1 million, the quantity of ... (Read 219 times)

clippers!

  • Hero Member
  • *****
  • Posts: 828
on: Jun 29, 2018
Suppose that the money multiplier is 3. If the monetary base increases by 1 million, the quantity of money will
 
  A) increase by 3 million.
  B) increase by 333,333.
  C) decrease by 3 million.
  D) decrease by 333,333.

Question 2

Economists are interested in long-term economic growth because growth increases real GDP per person and improves our standard of living.
 
  Indicate whether the statement is true or false


Awesome

  • Sr. Member
  • ****
  • Posts: 280
Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Stevens-Johnson syndrome and Toxic Epidermal Necrolysis syndrome are life-threatening reactions that can result in death. Complications include permanent blindness, dry-eye syndrome, lung damage, photophobia, asthma, chronic obstructive pulmonary disease, permanent loss of nail beds, scarring of mucous membranes, arthritis, and chronic fatigue syndrome. Many patients' pores scar shut, causing them to retain heat.

Did you know?

Drug abusers experience the following scenario: The pleasure given by their drug (or drugs) of choice is so strong that it is difficult to eradicate even after years of staying away from the substances involved. Certain triggers may cause a drug abuser to relapse. Research shows that long-term drug abuse results in significant changes in brain function that persist long after an individual stops using drugs. It is most important to realize that the same is true of not just illegal substances but alcohol and tobacco as well.

Did you know?

According to the American College of Allergy, Asthma & Immunology, more than 50 million Americans have some kind of food allergy. Food allergies affect between 4 and 6% of children, and 4% of adults, according to the CDC. The most common food allergies include shellfish, peanuts, walnuts, fish, eggs, milk, and soy.

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.

Arctic and alpine cushion plant form and orientation increases heat gain from sunlight and the surro Arctic and alpine cushion plant form and orientation increases heat gain from sunlight and the surro
Schiff base Schiff base
Acid–Base Balance Acid–Base Balance
Aging and Fluid, Electrolyte, and Acid-Base Homeostasis Aging and Fluid, Electrolyte, and Acid-Base Homeostasis
In Marfan syndrome, defective connective tissue causes the base of the aorta to enlarge, and potenti In Marfan syndrome, defective connective tissue causes the base of the aorta to enlarge, and potenti
Time value money Time value money
Video: Premenstrual Syndrome

For a complete list of videos, visit our video library