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

Author Question: Other things remaining the same, an increase in the price level A) decreases the quantity of real ... (Read 68 times)

SGallaher96

  • Hero Member
  • *****
  • Posts: 509
on: Jun 30, 2018
Other things remaining the same, an increase in the price level
 
  A) decreases the quantity of real GDP supplied.
  B) decreases aggregate supply.
  C) increases aggregate supply.
  D) increases the quantity of real GDP supplied.
  E) neither changes aggregate supply nor changes the quantity of real GDP supplied.

Question 2

If the reserve ratio is 10 percent and reserves in the commercial banking system increase by 10,000, the maximum possible expansion of demand deposits is
 
  A) 90,000. B) 1,000,000. C) 10,000. D) 100,000.


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

k.lashomb

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

D


SGallaher96

  • Member
  • Posts: 509
Reply 2 on: Jun 30, 2018
Excellent

bigcheese9

  • Member
  • Posts: 333
Reply 3 on: Yesterday
YES! Correct, THANKS for helping me on my review

« previous next »
 

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Anti-aging claims should not ever be believed. There is no supplement, medication, or any other substance that has been proven to slow or stop the aging process.

Did you know?

Though Candida and Aspergillus species are the most common fungal pathogens causing invasive fungal disease in the immunocompromised, infections due to previously uncommon hyaline and dematiaceous filamentous fungi are occurring more often today. Rare fungal infections, once accurately diagnosed, may require surgical debridement, immunotherapy, and newer antifungals used singly or in combination with older antifungals, on a case-by-case basis.

Did you know?

Alcohol acts as a diuretic. Eight ounces of water is needed to metabolize just 1 ounce of alcohol.

Did you know?

Hypertension is a silent killer because it is deadly and has no significant early symptoms. The danger from hypertension is the extra load on the heart, which can lead to hypertensive heart disease and kidney damage. This occurs without any major symptoms until the high blood pressure becomes extreme. Regular blood pressure checks are an important method of catching hypertension before it can kill you.

Primary production increases with an increase in total phosphorus concentration. Primary production increases with an increase in total phosphorus concentration.
Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo Risks of infectious disease increase in (a) high-density agricultural populations compared to (b) lo
Compression used to increase circulation when the athlete is clothed. Compression used to increase circulation when the athlete is clothed.
Real Price of Oil, 1861–2010 Real Price of Oil, 1861–2010
Identify the variable representing each described quantity in the equation Identify the variable representing each described quantity in the equation
Exercise about living things Exercise about living things
Video: Regulation of GFR: autoregulation via myogenic mechanism Myogenic mechanism

For a complete list of videos, visit our video library