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

Author Question: If the multiplier is 4, equilibrium real GDP is 600 billion, and investment is 25 billion, what will ... (Read 60 times)

LCritchfi

  • Hero Member
  • *****
  • Posts: 519
on: Jun 30, 2018
If the multiplier is 4, equilibrium real GDP is 600 billion, and investment is 25 billion, what will happen if investment increases to 30 billion? Real GDP will:
 a. increase to 605 billion
  b. decrease to 595 billion
  c. increase to 620 billion
  d. increase to 624 billion
  e. decrease to 580 billion

Question 2

Which of the following types of financial institutions is required to belong to the Federal Reserve System?
 a. National banks.
  b. State-chartered banks.
  c. Savings and loan institutions.
  d. Credit unions.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

jlaineee

  • Sr. Member
  • ****
  • Posts: 380
Reply #1 on: Jun 30, 2018
Answer to Question 1

c

Answer to Question 2

a


LCritchfi

  • Member
  • Posts: 519
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

kjohnson

  • Member
  • Posts: 330
Reply 3 on: Yesterday
Wow, this really help

« previous next »
 

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

Approximately one in three babies in the United States is now delivered by cesarean section. The number of cesarean sections in the United States has risen 46% since 1996.

Did you know?

The term pharmacology is derived from the Greek words pharmakon("claim, medicine, poison, or remedy") and logos ("study").

Did you know?

The immune system needs 9.5 hours of sleep in total darkness to recharge completely.

Did you know?

Once thought to have neurofibromatosis, Joseph Merrick (also known as "the elephant man") is now, in retrospect, thought by clinical experts to have had Proteus syndrome. This endocrine disease causes continued and abnormal growth of the bones, muscles, skin, and so on and can become completely debilitating with severe deformities occurring anywhere on the body.

Uranus revolves around the Sun once every 84 Earth years. Its average distance from the Sun is rough Uranus revolves around the Sun once every 84 Earth years. Its average distance from the Sun is rough
Vapour-liquid equilibrium acetone + water Vapour-liquid equilibrium acetone + water
Kinesthesis and Equilibrium with skating Kinesthesis and Equilibrium with skating
Please advise 'How To' on Real Estate Math problem (Answer Provided)? Please advise 'How To' on Real Estate Math problem (Answer Provided)?
The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ... The dissociation equilibrium constants for the protonated form of alanine (a diprotic amino ...
Write equilibrium constant expressions for the following reactions in terms of concentration: Write equilibrium constant expressions for the following reactions in terms of concentration:
Video: Import of Dietary Glucose from Intestines to Bloodstream

For a complete list of videos, visit our video library