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Author Question: Induced expenditure is any expenditure that A) is fixed for all price levels. B) is fixed for ... (Read 39 times)

shenderson6

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on: Jun 29, 2018
Induced expenditure is any expenditure that
 
  A) is fixed for all price levels.
  B) is fixed for all levels of real GDP.
  C) changes when real GDP changes.
  D) changes when the interest rate changes.
  E) is fixed for all levels of the interest rate.

Question 2

The Fed can directly control all of the following EXCEPT
 
  A) the federal funds rate. B) long-term interest rates.
  C) the discount rate. D) reserve requirements.


SVictor

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Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


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