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

Author Question: The short-run effect of an increase in the money supply is to A) increase real GDP only. B) ... (Read 79 times)

newbem

  • Hero Member
  • *****
  • Posts: 579
on: Jun 29, 2018
The short-run effect of an increase in the money supply is to
 
  A) increase real GDP only.
  B) increase the price level only.
  C) increase both real GDP and the price level.
  D) increase nominal GDP but decrease the price level.

Question 2

Which of the following statements is NOT consistent with new growth theorists' beliefs?
 
  A) Innovation can lead to lower productivity costs.
  B) Inventions are much more important than innovation.
  C) Technology must be understood in terms of what drives it.
  D) Rewards lead to technological advances.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

mirabriestensky

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


newbem

  • Member
  • Posts: 579
Reply 2 on: Jun 29, 2018
Wow, this really help

tranoy

  • Member
  • Posts: 344
Reply 3 on: Yesterday
Great answer, keep it coming :)

« previous next »
 

Did you know?

Illness; diuretics; laxative abuse; hot weather; exercise; sweating; caffeine; alcoholic beverages; starvation diets; inadequate carbohydrate consumption; and diets high in protein, salt, or fiber can cause people to become dehydrated.

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.

Did you know?

Parkinson's disease is both chronic and progressive. This means that it persists over a long period of time and that its symptoms grow worse over time.

Did you know?

Before a vaccine is licensed in the USA, the Food and Drug Administration (FDA) reviews it for safety and effectiveness. The CDC then reviews all studies again, as well as the American Academy of Pediatrics and the American Academy of Family Physicians. Every lot of vaccine is tested before administration to the public, and the FDA regularly inspects vaccine manufacturers' facilities.

Did you know?

Amoebae are the simplest type of protozoans, and are characterized by a feeding and dividing trophozoite stage that moves by temporary extensions called pseudopodia or false feet.

A 3-tonne (3.0-long-ton; 3.3-short-ton) great white shark off Isla Guadalupe A 3-tonne (3.0-long-ton; 3.3-short-ton) great white shark off Isla Guadalupe
Effect of pH on drug absorption: (a) a weak acid such as aspirin (ASA) is in a nonionized form in an Effect of pH on drug absorption: (a) a weak acid such as aspirin (ASA) is in a nonionized form in an
The Greenhouse Effect: Influences on Temperature The Greenhouse Effect: Influences on Temperature
Blood and Nerve Supply of Bone Blood and Nerve Supply of Bone
A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ... A debt payment of $7500 is due in 24 months. If money is worth 7.2% p.a. compounded quarterly, ...
Greenhouse effect. Greenhouse effect.
Video: Appendicitis Animation

For a complete list of videos, visit our video library