« previous next »

Author Question: Suppose the Fed reduces the money supply in the current period with no other policy change ... (Read 30 times)

AEWBW

  • Hero Member
  • *****
  • Posts: 579
on: Jun 30, 2018
Suppose the Fed reduces the money supply in the current period with no other policy change implemented or anticipated. This policy action will cause which of the following shifts in the IS and/or LM curves in the current period?
 
  A) IS left; LM up
  B) IS right; LM up
  C) no shift in IS; LM up
  D) IS left; LM down
  E) IS right; LM down

Question 2

The mortgage is said to be underwater when
 
  A) the value of the house exceeds the value of the mortgage.
  B) the house is flooded.
  C) the value of the mortgage exceeds the value of the house.
  D) none of the above


katieost

  • Sr. Member
  • ****
  • Posts: 358
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

C


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Excessive alcohol use costs the country approximately $235 billion every year.

Did you know?

More than 150,000 Americans killed by cardiovascular disease are younger than the age of 65 years.

Did you know?

There are major differences in the metabolism of morphine and the illegal drug heroin. Morphine mostly produces its CNS effects through m-receptors, and at k- and d-receptors. Heroin has a slight affinity for opiate receptors. Most of its actions are due to metabolism to active metabolites (6-acetylmorphine, morphine, and morphine-6-glucuronide).

Did you know?

The lipid bilayer is made of phospholipids. They are arranged in a double layer because one of their ends is attracted to water while the other is repelled by water.

Did you know?

Historic treatments for rheumatoid arthritis have included gold salts, acupuncture, a diet consisting of apples or rhubarb, nutmeg, nettles, bee venom, bracelets made of copper, prayer, rest, tooth extractions, fasting, honey, vitamins, insulin, snow collected on Christmas, magnets, and electric convulsion therapy.

Transformation and Evolution of a Long-Period Comet Transformation and Evolution of a Long-Period Comet
Change in air temperature at various air flow rates for a 2 pass operation Change in air temperature at various air flow rates for a 2 pass operation
Capital-Biased Technological Change Capital-Biased Technological Change
Embryonic Period Embryonic Period
Embryonic Period Embryonic Period
Embryonic Period - 3rd week Embryonic Period - 3rd week
Video: Stress and Immune System Animation

For a complete list of videos, visit our video library