This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the MPC is 2/3, then 2/3 of the effect of an increase in government purchases on aggregate demand ... (Read 71 times)

FButt

  • Hero Member
  • *****
  • Posts: 519
on: Jun 30, 2018
If the MPC is 2/3, then 2/3 of the effect of an increase in government purchases on aggregate demand will come from increased consumption.
 a. True
  b. False
  Indicate whether the statement is true or false

Question 2

Which of the following is not true about a special drawing right (SDR)?
 a. The SDR is a composite currency.
  b. The value of the SDR is an average of the values of the currencies of major industrial countries.
  c. The SDR was created in 1980 by the World Bank.
  d. The SDR is an international reserve asset.
  e. The SDR is used to settle international debts.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

IAPPLET

  • Sr. Member
  • ****
  • Posts: 333
Reply #1 on: Jun 30, 2018
Answer to Question 1

True

Answer to Question 2

c


FButt

  • Member
  • Posts: 519
Reply 2 on: Jun 30, 2018
Excellent

daiying98

  • Member
  • Posts: 354
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

Did you know?

When taking monoamine oxidase inhibitors, people should avoid a variety of foods, which include alcoholic beverages, bean curd, broad (fava) bean pods, cheese, fish, ginseng, protein extracts, meat, sauerkraut, shrimp paste, soups, and yeast.

China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
Thorndike’s Puzzle Box and the Law of Effect (1 of 2) Thorndike’s Puzzle Box and the Law of Effect (1 of 2)
First-Pass Effect: Oral Drug Is Metabolized to an Inactive Form Before It Has an Opportunity to ... First-Pass Effect: Oral Drug Is Metabolized to an Inactive Form Before It Has an Opportunity to ...
Contributions of various His residues to the Bohr effect in hemoglobin Contributions of various His residues to the Bohr effect in hemoglobin
How much atmospheric pressure drop would starting to effect us? How much atmospheric pressure drop would starting to effect us?
The effect of selection on allele frequency The effect of selection on allele frequency
Video: Introduction to Epilepsy

For a complete list of videos, visit our video library