Which of the following increases as a result of an increase in ...

[oliviahorn72]

Which of the following increases as a result of an increase in real GDP?
 
  i. autonomous expenditure
  ii. induced expenditure
  iii. potential GDP
  A) i only B) ii only C) iii only D) ii and iii E) i, ii, and iii

Question 2

The above table has the demand and supply schedules for money. What is the equilibrium nominal interest rate?
 
  A) 8 percent B) 7 percent C) 6 percent D) 5 percent E) 9 percent

[Jossy]

Answer to Question 1

B

Answer to Question 2

E

[oliviahorn72]

Thank you

[Jossy]

No problemo