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

Author Question: A 1.5 trillion increase in investment leads equilibrium expenditure to increase from 7.0 trillion to ... (Read 286 times)

ENagel

  • Hero Member
  • *****
  • Posts: 540
on: Jun 29, 2018
A 1.5 trillion increase in investment leads equilibrium expenditure to increase from 7.0 trillion to 10.5 trillion. In this case, the expenditure multiplier is
 
  A) 7.00. B) 4.67. C) 2.33. D) 1.50. E) 10.5.

Question 2

Suppose that a currency's value is found to be overvalued by using purchasing power parity. Then
 
  A) the currency will appreciate in the future but we don't know when.
  B) we know when and how much the currency will depreciate.
  C) the interest rate in the country will change in order to restore purchasing power parity.
  D) we know when and how much the currency will appreciate.
  E) the currency will depreciate in the future but we don't know when.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

LP

  • Sr. Member
  • ****
  • Posts: 302
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

E


ENagel

  • Hero Member
  • *****
  • Posts: 540
Reply #2 on: Jun 29, 2018
Correct answers!


LP

  • Sr. Member
  • ****
  • Posts: 302
Reply #3 on: Jun 29, 2018
Great! Please up vote :D


« previous next »
 

Did you know?

Acetaminophen (Tylenol) in overdose can seriously damage the liver. It should never be taken by people who use alcohol heavily; it can result in severe liver damage and even a condition requiring a liver transplant.

Did you know?

Calcitonin is a naturally occurring hormone. In women who are at least 5 years beyond menopause, it slows bone loss and increases spinal bone density.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Cutaneous mucormycosis is a rare fungal infection that has been fatal in at least 29% of cases, and in as many as 83% of cases, depending on the patient's health prior to infection. It has occurred often after natural disasters such as tornados, and early treatment is essential.

Did you know?

More than 30% of American adults, and about 12% of children utilize health care approaches that were developed outside of conventional medicine.

China’s 8% annual increase in oil consumption China’s 8% annual increase in oil consumption
Analogy for How Magnetic Field Strengths Increase Analogy for How Magnetic Field Strengths Increase
Crossing over during meiosis leads to allele combinations in sex cells that are not present in the p Crossing over during meiosis leads to allele combinations in sex cells that are not present in the p
Vapour-liquid equilibrium acetone + water Vapour-liquid equilibrium acetone + water
Using the voltmeter leads from a starting and charging test unit to measure the voltage drop ... Using the voltmeter leads from a starting and charging test unit to measure the voltage drop ...
How an Increase in Income Inequality Affects the Desired Tax Rate How an Increase in Income Inequality Affects the Desired Tax Rate
Video: Mutations and translation

For a complete list of videos, visit our video library