« previous next »

Author Question: The intersection between the long-run aggregate supply and aggregate demand curves determines the: ... (Read 56 times)

james0929

  • Hero Member
  • *****
  • Posts: 586
on: Jun 30, 2018
The intersection between the long-run aggregate supply and aggregate demand curves determines the:
 a. level of full-employment real GDP.
  b. level of prices (CPI).
 c. money supply.
 d. marginal product.
 e. both a and b.

Question 2

Suppose the required reserve ratio is 3 percent, and currency and reserves total 10 million. The maximum money supply that can be supported is:
 a. 13 million. b. 30 million.
  c. 97 million. d. 333.3 million.


kalskdjl1212

  • Sr. Member
  • ****
  • Posts: 353
Reply #1 on: Jun 30, 2018
Answer to Question 1

e

Answer to Question 2

d


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

An identified risk factor for osteoporosis is the intake of excessive amounts of vitamin A. Dietary intake of approximately double the recommended daily amount of vitamin A, by women, has been shown to reduce bone mineral density and increase the chances for hip fractures compared with women who consumed the recommended daily amount (or less) of vitamin A.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

Did you know?

Only one in 10 cancer deaths is caused by the primary tumor. The vast majority of cancer mortality is caused by cells breaking away from the main tumor and metastasizing to other parts of the body, such as the brain, bones, or liver.

Did you know?

The highest suicide rate in the United States is among people ages 65 years and older. Almost 15% of people in this age group commit suicide every year.

Did you know?

Blood in the urine can be a sign of a kidney stone, glomerulonephritis, or other kidney problems.

Seven black members of Congress in 1871 are from left to right: Senator Hiram Revels (R-MS) and Repr Seven black members of Congress in 1871 are from left to right: Senator Hiram Revels (R-MS) and Repr
Recommendations for Family and Work Intersection Recommendations for Family and Work Intersection
Bolts and screws have many different heads. The head determines what tool is needed. Bolts and screws have many different heads. The head determines what tool is needed.
Connect a fused jumper wire to supply 12 volts to terminal 86 and a ground to terminal 85 of the ... Connect a fused jumper wire to supply 12 volts to terminal 86 and a ground to terminal 85 of the ...
Blood and Nerve Supply of Bone Blood and Nerve Supply of Bone
Perform the indicated division (long division polynomials) Perform the indicated division (long division polynomials)
Video: Parathyroid hormone (bone resorption) & Calcitonin (bone deposition)

For a complete list of videos, visit our video library