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Author Question: Which of the following is considered a negative supply shock? A) an unexpected decrease in the ... (Read 180 times)

bucstennis@aim.com

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on: Jun 29, 2018
Which of the following is considered a negative supply shock?
 
  A) an unexpected decrease in the refining capacity for oil
  B) an improvement in technology
  C) increasing immigration in the economy causes the labor supply to rise
  D) an increase in unemployment

Question 2

If banks do not loan out all their excess reserves, then the real world multiplier is
 
  A) not related to 1/RR. B) larger than 1/RR.
  C) smaller than 1/RR. D) equal to 1/RR.


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dpost18

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Reply #1 on: Jun 29, 2018
Answer to Question 1

A

Answer to Question 2

C


bucstennis@aim.com

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Reply #2 on: Jun 29, 2018
Thank you :)


dpost18

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Reply #3 on: Jun 29, 2018
Happy to help you


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