This topic contains a solution. Click here to go to the answer

Author Question: Which of the following is considered a negative supply shock? A) an unexpected decrease in the ... (Read 164 times)

bucstennis@aim.com

  • Hero Member
  • *****
  • Posts: 532
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.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dpost18

  • Sr. Member
  • ****
  • Posts: 345
Answer to Question 1

A

Answer to Question 2

C





 

Did you know?

Cancer has been around as long as humankind, but only in the second half of the twentieth century did the number of cancer cases explode.

Did you know?

Essential fatty acids have been shown to be effective against ulcers, asthma, dental cavities, and skin disorders such as acne.

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.

Did you know?

The first oncogene was discovered in 1970 and was termed SRC (pronounced "SARK").

Did you know?

Atropine was named after the Greek goddess Atropos, the oldest and ugliest of the three sisters known as the Fates, who controlled the destiny of men.

For a complete list of videos, visit our video library