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

Author Question: Which of the following explains why a 100 billion reduction in consumption spending might decrease ... (Read 196 times)

Garrulous

  • Hero Member
  • *****
  • Posts: 686
on: Jun 30, 2018
Which of the following explains why a 100 billion reduction in consumption spending might decrease equilibrium real GDP by more than 100 billion?
 a. Say's law.
  b. The quantity theory of money.
  c. Flexible resource prices.
  d. The multiplier principle.

Question 2

Which of the following is a desirable property of money?
 a. Scarcity.
  b. Portability.
  c. Divisibility.
  d. All of these.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

atrochim

  • Sr. Member
  • ****
  • Posts: 331
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

d


Garrulous

  • Member
  • Posts: 686
Reply 2 on: Jun 30, 2018
YES! Correct, THANKS for helping me on my review

steff9894

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Urine turns bright yellow if larger than normal amounts of certain substances are consumed; one of these substances is asparagus.

Did you know?

Liver spots have nothing whatsoever to do with the liver. They are a type of freckles commonly seen in older adults who have been out in the sun without sufficient sunscreen.

Did you know?

Alzheimer's disease affects only about 10% of people older than 65 years of age. Most forms of decreased mental function and dementia are caused by disuse (letting the mind get lazy).

Did you know?

Most fungi that pathogenically affect humans live in soil. If a person is not healthy, has an open wound, or is immunocompromised, a fungal infection can be very aggressive.

Did you know?

Giardia is one of the most common intestinal parasites worldwide, and infects up to 20% of the world population, mostly in poorer countries with inadequate sanitation. Infections are most common in children, though chronic Giardia is more common in adults.

A single-gene model explains Mendel’s ratios A single-gene model explains Mendel’s ratios
Rate enhancement by entropy reduction Rate enhancement by entropy reduction
Diet Soda's Consumption's Association with Increased (not Decreased) Prevalence of ... Diet Soda's Consumption's Association with Increased (not Decreased) Prevalence of ...
Standard reduction potentials of the major respiratory electron carriers Standard reduction potentials of the major respiratory electron carriers
Global consumption of fossil fuel Global consumption of fossil fuel
Cultural Attitudes Toward Insect Consumption Cultural Attitudes Toward Insect Consumption
Video: Amniocentesis and CVS Animation

For a complete list of videos, visit our video library