Author Question: Refer to the above figure. A movement from B to D would be a result of A) an increase in the ... (Read 22 times)

EAugust

  • Hero Member
  • *****
  • Posts: 550
Refer to the above figure. A movement from B to D would be a result of
 
  A) an increase in the quantity of money in circulation.
  B) an increase in the marginal income tax rate.
  C) an increase in labor productivity.
  D) an increase in government expenditures.

Question 2

According to the Taylor Rule, for a given inflation rate, ________.
 
  A) every percentage point increase in the inflation rate increases the federal funds rate by 1.5 percentage points
  B) if bank reserves double, the federal funds rate should double
  C) every percentage point increase in the nominal interest rate increases the federal funds rate by 1 percentage point
  D) if nominal output doubles, the federal funds rate should double


juicepod

  • Sr. Member
  • ****
  • Posts: 310
Answer to Question 1

C

Answer to Question 2

A



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

The word drug comes from the Dutch word droog (meaning "dry"). For centuries, most drugs came from dried plants, hence the name.

Did you know?

The calories found in one piece of cherry cheesecake could light a 60-watt light bulb for 1.5 hours.

Did you know?

There used to be a metric calendar, as well as metric clocks. The metric calendar, or "French Republican Calendar" divided the year into 12 months, but each month was divided into three 10-day weeks. Each day had 10 decimal hours. Each hour had 100 decimal minutes. Due to lack of popularity, the metric clocks and calendars were ended in 1795, three years after they had been first marketed.

For a complete list of videos, visit our video library