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 72 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
Great answer, keep it coming :)


recede

  • Member
  • Posts: 315
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

 

Did you know?

Vaccines cause herd immunity. If the majority of people in a community have been vaccinated against a disease, an unvaccinated person is less likely to get the disease since others are less likely to become sick from it and spread the disease.

Did you know?

When blood is exposed to air, it clots. Heparin allows the blood to come in direct contact with air without clotting.

Did you know?

In most climates, 8 to 10 glasses of water per day is recommended for adults. The best indicator for adequate fluid intake is frequent, clear urination.

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Walt Disney helped combat malaria by making an animated film in 1943 called The Winged Scourge. This short film starred the seven dwarfs and taught children that mosquitos transmit malaria, which is a very bad disease. It advocated the killing of mosquitos to stop the disease.

For a complete list of videos, visit our video library