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

Author Question: If MPC = 0.9, equilibrium real GDP is 1,000 . and full-employment real GDP is 2,000 . then how much ... (Read 26 times)

tnt_battle

  • Hero Member
  • *****
  • Posts: 556
on: Jun 30, 2018
If MPC = 0.9, equilibrium real GDP is 1,000 . and full-employment real GDP is 2,000 . then how much should government spending change to bring about full employment?
 a. +1,000.
  b. 100.
  c. +900.
  d. +100.
  e. 0.9.

Question 2

The Federal Reserve Board of Governors consists of:
 a. 50 members selected by state legislatures.
  b. 12 members, one from each Federal Reserve District.
  c. 12 members nominated by the President and confirmed by the Senate.
  d. seven members elected by Congress.
  e. seven members nominated by the President and confirmed by the Senate.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

voltaire123

  • Sr. Member
  • ****
  • Posts: 301
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

e


tnt_battle

  • Member
  • Posts: 556
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

brbarasa

  • Member
  • Posts: 308
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

Despite claims by manufacturers, the supplement known as Ginkgo biloba was shown in a study of more than 3,000 participants to be ineffective in reducing development of dementia and Alzheimer’s disease in older people.

Did you know?

Not getting enough sleep can greatly weaken the immune system. Lack of sleep makes you more likely to catch a cold, or more difficult to fight off an infection.

Did you know?

Patients who have undergone chemotherapy for the treatment of cancer often complain of a lack of mental focus; memory loss; and a general diminution in abilities such as multitasking, attention span, and general mental agility.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

During the twentieth century, a variant of the metric system was used in Russia and France in which the base unit of mass was the tonne. Instead of kilograms, this system used millitonnes (mt).

Percentages of adolescents indicating Benefits and Costs of employment. Percentages of adolescents indicating Benefits and Costs of employment.
Median Annual Earnings of Full-Time Workers, by Gender, 1960–2010 Median Annual Earnings of Full-Time Workers, by Gender, 1960–2010
Mead analyzed taking the role of the other as an essential part of learning to be a full-fledged ... Mead analyzed taking the role of the other as an essential part of learning to be a full-fledged ...
Hang the canister from the vehicle’s hood and adjust the air pressure regulator to full OPEN ... Hang the canister from the vehicle’s hood and adjust the air pressure regulator to full OPEN ...
Math Joke: Be Rational, Get Real Math Joke: Be Rational, Get Real
Prove that each of the following real functions f has a discontinuity. For each function, ... Prove that each of the following real functions f has a discontinuity. For each function, ...
Video: Membrane transport proteins - pores, gated channels and pumps

For a complete list of videos, visit our video library