Author Question: Profitable investment is most effectively promoted when: a. the money supply and price level are ... (Read 82 times)

savannahhooper · **on:** Jun 30, 2018

Profitable investment is most effectively promoted when:
a. the money supply and price level are stable.
b. inflation is rising rapidly.
c. monetary policy is unanticipated.
d. persistent inflation increases uncertainty.

Question 2

Suppose the real GDP in an economy in the year 1999 was 2,000 and the total population was 500 . The economy experienced a 5 growth in real GDP and a 2 growth in its population in 2000 . Calculate the change in per capita income of the economy during this period.
a. +1
b. +2.5
c. -3
d. +3
e. -4