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Author Question: If the Fed makes an open market purchase of 1 million of government securities, the monetary base ... (Read 107 times)

kfurse

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If the Fed makes an open market purchase of 1 million of government securities, the monetary base
 
  A) is unchanged in size, though its composition changes.
  B) will decrease by a multiple of 1 million over time.
  C) will increase by a multiple of 1 million over time.
  D) is decreased by 1 million.
  E) is increased by 1 million.

Question 2

The above table gives data for the nation of South Hampton. There are no imports into or exports from South Hampton. The equilibrium level of real GDP is
 
  A) 700 billion. B) 400 billion. C) 500 billion. D) 600 billion. E) 800 billion.



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maya.nigrin17@yahoo.com

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Answer to Question 1

E

Answer to Question 2

A




kfurse

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


Sarahjh

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Reply 3 on: Yesterday
Great answer, keep it coming :)

 

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