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

Author Question: A currency drain is cash ________ and has ________ effect on the money multiplier. A) draining ... (Read 18 times)

wrbasek0

  • Hero Member
  • *****
  • Posts: 560
A currency drain is cash ________ and has ________ effect on the money multiplier.
 
  A) draining into the banks; an
  B) held at the Fed; an
  C) draining into the banks; no
  D) held as reserves; no
  E) held outside the banks; an

Question 2

The expenditure multiplier equals 5 and there is a 3 million increase in investment. Equilibrium expenditure
 
  A) increases by 5 million.
  B) increases by 0.60 million.
  C) increases by 15 million.
  D) decreases by 15 million.
  E) increases by 3 million.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

chevyboi1976

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

E

Answer to Question 2

C




wrbasek0

  • Member
  • Posts: 560
Reply 2 on: Jun 29, 2018
:D TYSM


steff9894

  • Member
  • Posts: 337
Reply 3 on: Yesterday
Thanks for the timely response, appreciate it

 

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?

There are more nerve cells in one human brain than there are stars in the Milky Way.

Did you know?

Looking at the sun may not only cause headache and distort your vision temporarily, but it can also cause permanent eye damage. Any exposure to sunlight adds to the cumulative effects of ultraviolet (UV) radiation on your eyes. UV exposure has been linked to eye disorders such as macular degeneration, solar retinitis, and corneal dystrophies.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

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